For saleSingle family
$385,000
3205 46th Ave S
Minneapolis MN 55406
3 beds, 1 bath, 968 sqft
3205 46th Ave S is a 3 beds, 1 bath, 968 sqft single family home for sale at $385,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,650/mo and returns -$98/mo a month at a 6.4% 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
- $2,650/mo
- Monthly cash flow
- -$98/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.5%
- Max offer
- $313,000
Offer ≤ $313,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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