For saleSingle family
$329,000
2301 Cole Ave SE
Minneapolis MN 55414
5 beds, 3 baths, 2,100 sqft
2301 Cole Ave SE is a 5 beds, 3 baths, 2,100 sqft single family home for sale at $329,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,800/mo and returns $451/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
- $2,800/mo
- Monthly cash flow
- $451/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.2%
- Max offer
- $329,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading