For saleSingle family
$529,900
1157 14th Ave SE
Minneapolis MN 55414
5 beds, 2 baths, 1,578 sqft
1157 14th Ave SE is a 5 beds, 2 baths, 1,578 sqft single family home for sale at $529,900 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,800/mo and returns -$983/mo a month at a 4.4% 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
- $2,800/mo
- Monthly cash flow
- -$983/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.1%
- Max offer
- $331,500
Offer ≤ $331,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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