For saleSingle family
$269,000
3953 38th Ave S
Minneapolis MN 55406
3 beds, 1 bath, 1,070 sqft
3953 38th Ave S is a 3 beds, 1 bath, 1,070 sqft single family home for sale at $269,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,350/mo and returns $430/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
- $2,350/mo
- Monthly cash flow
- $430/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.6%
- Max offer
- $269,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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