For saleSingle family
$285,000
5000 E 54th St
Minneapolis MN 55417
3 beds, 1 bath, 1,088 sqft
5000 E 54th St is a 3 beds, 1 bath, 1,088 sqft single family home for sale at $285,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,450/mo and returns $415/mo a month at a 8.4% 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
- $2,450/mo
- Monthly cash flow
- $415/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.7%
- Max offer
- $285,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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