For saleSingle family
$258,700
3500 Irving Ave N
Minneapolis MN 55412
4 beds, 2 baths, 1,352 sqft
3500 Irving Ave N is a 4 beds, 2 baths, 1,352 sqft single family home for sale at $258,700 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,150/mo and returns $336/mo a month at a 8.1% 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
- $2,150/mo
- Monthly cash flow
- $336/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.8%
- Max offer
- $257,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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