For saleSingle family
$210,000
2346 Ferrant Pl
Minneapolis MN 55411
3 beds, 2 baths, 1,524 sqft
2346 Ferrant Pl is a 3 beds, 2 baths, 1,524 sqft single family home for sale at $210,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,000/mo and returns $527/mo a month at a 9.5% 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
- $2,000/mo
- Monthly cash flow
- $527/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 15.1%
- Max offer
- $210,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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