For saleSingle family
$1,350,000
2432 W 24th St
Minneapolis MN 55405
4 beds, 3.5 baths, 3,288 sqft
2432 W 24th St is a 4 beds, 3.5 baths, 3,288 sqft single family home for sale at $1,350,000 in Minneapolis MN 55405. At 20% down it rents for an estimated $2,400/mo and returns -$7,237/mo a month at a 0.2% 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
- $2,400/mo
- Monthly cash flow
- -$7,237/mo
- Cap rate
- 0.2%
- Cash-on-cash
- -32.2%
- Max offer
- $290,000
Offer ≤ $290,000 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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