For saleSingle family

$419,999

4225 Oakland Ave

Minneapolis MN 55407

3 beds, 1 bath, 1,550 sqft

4225 Oakland Ave is a 3 beds, 1 bath, 1,550 sqft single family home for sale at $419,999 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,950/mo and returns -$1,048/mo a month at a 3.7% 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
$1,950/mo
Monthly cash flow
-$1,048/mo
Cap rate
3.7%
Cash-on-cash
-15.0%
Max offer
$231,000

Offer ≤ $231,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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