For saleSingle family
$180,000
3623 Russell Ave N
Minneapolis MN 55412
2 beds, 1 bath, 728 sqft
3623 Russell Ave N is a 2 beds, 1 bath, 728 sqft single family home for sale at $180,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,575/mo and returns $290/mo a month at a 8.6% 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
- $1,575/mo
- Monthly cash flow
- $290/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.7%
- Max offer
- $180,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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