For saleSingle family

$224,222

3454 Logan Ave N

Minneapolis MN 55412

3 beds, 1 bath, 1,189 sqft

3454 Logan Ave N is a 3 beds, 1 bath, 1,189 sqft single family home for sale at $224,222 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,850/mo and returns $277/mo a month at a 8.0% 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
$1,850/mo
Monthly cash flow
$277/mo
Cap rate
8.0%
Cash-on-cash
7.4%
Max offer
$221,500

Offer ≤ $221,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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