For saleSingle family
$385,000
1312 27th Ave NE
Minneapolis MN 55418
4 beds, 2 baths, 1,396 sqft
1312 27th Ave NE is a 4 beds, 2 baths, 1,396 sqft single family home for sale at $385,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $2,225/mo and returns -$523/mo a month at a 5.0% 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
- $2,225/mo
- Monthly cash flow
- -$523/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.2%
- Max offer
- $263,000
Offer ≤ $263,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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