For saleSingle family

$279,900

4238 Fremont Ave N

Minneapolis MN 55412

4 beds, 3.5 baths, 2,064 sqft

4238 Fremont Ave N is a 4 beds, 3.5 baths, 2,064 sqft single family home for sale at $279,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,100/mo and returns $137/mo a month at a 7.1% 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
$2,100/mo
Monthly cash flow
$137/mo
Cap rate
7.1%
Cash-on-cash
2.9%
Max offer
$251,500

Offer ≤ $251,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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