For saleSingle family
$128,900
2922 Sheridan Ave N
Minneapolis MN 55411
2 beds, 1 bath, 760 sqft
2922 Sheridan Ave N is a 2 beds, 1 bath, 760 sqft single family home for sale at $128,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,550/mo and returns $646/mo a month at a 12.5% 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
- $1,550/mo
- Monthly cash flow
- $646/mo
- Cap rate
- 12.5%
- Cash-on-cash
- 30.1%
- Max offer
- $128,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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