For saleSingle family
$294,900
718 19th Ave NE
Minneapolis MN 55418
3 beds, 2 baths, 1,465 sqft
718 19th Ave NE is a 3 beds, 2 baths, 1,465 sqft single family home for sale at $294,900 in Minneapolis MN 55418. At 20% down it rents for an estimated $1,800/mo and returns -$305/mo a month at a 5.4% 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
- $1,800/mo
- Monthly cash flow
- -$305/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.2%
- Max offer
- $212,500
Offer ≤ $212,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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