For saleSingle family
$194,900
2607 Girard Ave N
Minneapolis MN 55411
2 beds, 1 bath, 1,008 sqft
2607 Girard Ave N is a 2 beds, 1 bath, 1,008 sqft single family home for sale at $194,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,800/mo and returns $433/mo a month at a 9.2% 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
- $1,800/mo
- Monthly cash flow
- $433/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.3%
- Max offer
- $194,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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