For saleSingle family

$310,000

2742 Stevens Ave

Minneapolis MN 55408

4 beds, 3 baths, 1,800 sqft

2742 Stevens Ave is a 4 beds, 3 baths, 1,800 sqft single family home for sale at $310,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $2,200/mo and returns $26/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
$26/mo
Cap rate
6.6%
Cash-on-cash
0.5%
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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