For saleSingle family
$185,000
1925 Elliot Ave
Minneapolis MN 55404
3 beds, 1 bath, 1,548 sqft
1925 Elliot Ave is a 3 beds, 1 bath, 1,548 sqft single family home for sale at $185,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,675/mo and returns $354/mo a month at a 9.0% 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
- $1,675/mo
- Monthly cash flow
- $354/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $185,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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