For saleSingle family
$299,400
1718 Vincent Ave N
Minneapolis MN 55411
3 beds, 2 baths, 2,072 sqft
1718 Vincent Ave N is a 3 beds, 2 baths, 2,072 sqft single family home for sale at $299,400 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,950/mo and returns -$187/mo a month at a 5.9% 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
- -$187/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.8%
- Max offer
- $230,500
Offer ≤ $230,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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