For saleSingle family
$350,000
4252 Oakland Ave
Minneapolis MN 55407
4 beds, 2 baths, 1,320 sqft
4252 Oakland Ave is a 4 beds, 2 baths, 1,320 sqft single family home for sale at $350,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,575/mo and returns $76/mo a month at a 6.9% 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
- $2,575/mo
- Monthly cash flow
- $76/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.3%
- Max offer
- $304,000
Offer ≤ $304,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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