For saleSingle family
$950,000
1766 Emerson Ave S
Minneapolis MN 55403
4 beds, 2.5 baths, 3,721 sqft
1766 Emerson Ave S is a 4 beds, 2.5 baths, 3,721 sqft single family home for sale at $950,000 in Minneapolis MN 55403. At 20% down it rents for an estimated $2,600/mo and returns -$4,182/mo a month at a 1.4% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,600/mo
- Monthly cash flow
- -$4,182/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.4%
- Max offer
- $311,000
Offer ≤ $311,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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