For saleSingle family
$369,900
4209 Portland Ave
Minneapolis MN 55407
5 beds, 2 baths, 3,002 sqft
4209 Portland Ave is a 5 beds, 2 baths, 3,002 sqft single family home for sale at $369,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,850/mo and returns $256/mo a month at a 7.3% 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
- $2,850/mo
- Monthly cash flow
- $256/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $341,500
Offer ≤ $341,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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