For saleSingle family
$299,900
2343 Benjamin St NE
Minneapolis MN 55418
2 beds, 1 bath, 1,102 sqft
2343 Benjamin St NE is a 2 beds, 1 bath, 1,102 sqft single family home for sale at $299,900 in Minneapolis MN 55418. At 20% down it rents for an estimated $1,575/mo and returns -$566/mo a month at a 4.4% 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
- -$566/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.3%
- Max offer
- $186,500
Offer ≤ $186,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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