For saleSingle family
$275,900
4044 31st Ave S
Minneapolis MN 55406
3 beds, 2 baths, 1,152 sqft
4044 31st Ave S is a 3 beds, 2 baths, 1,152 sqft single family home for sale at $275,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,350/mo and returns $380/mo a month at a 8.3% 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
- $2,350/mo
- Monthly cash flow
- $380/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.3%
- Max offer
- $275,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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