For saleSingle family
$329,900
4220 Minnehaha Ave
Minneapolis MN 55406
3 beds, 1 bath, 1,426 sqft
4220 Minnehaha Ave is a 3 beds, 1 bath, 1,426 sqft single family home for sale at $329,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,350/mo and returns -$5/mo a month at a 6.6% 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
- -$5/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.1%
- Max offer
- $277,500
Offer ≤ $277,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading