For saleSingle family
$309,000
913 E 39th St
Minneapolis MN 55407
3 beds, 1 bath, 1,404 sqft
913 E 39th St is a 3 beds, 1 bath, 1,404 sqft single family home for sale at $309,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,200/mo and returns $33/mo a month at a 6.6% 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
- $2,200/mo
- Monthly cash flow
- $33/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.6%
- Max offer
- $263,500
Offer ≤ $263,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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