For saleSingle family
$299,000
4211 Russell Ave N
Minneapolis MN 55412
4 beds, 2 baths, 1,687 sqft
4211 Russell Ave N is a 4 beds, 2 baths, 1,687 sqft single family home for sale at $299,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,475/mo and returns $341/mo a month at a 8.0% 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
- $2,475/mo
- Monthly cash flow
- $341/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $292,000
Offer ≤ $292,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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