For saleSingle family

$314,900

1004 26th Ave SE

Minneapolis MN 55414

5 beds, 2 baths, 1,310 sqft

1004 26th Ave SE is a 5 beds, 2 baths, 1,310 sqft single family home for sale at $314,900 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,675/mo and returns $466/mo a month at a 8.3% 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
$2,675/mo
Monthly cash flow
$466/mo
Cap rate
8.3%
Cash-on-cash
8.9%
Max offer
$314,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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