For saleSingle family
$415,000
2526 Stinson Pkwy
Minneapolis MN 55418
5 beds, 2 baths, 1,510 sqft
2526 Stinson Pkwy is a 5 beds, 2 baths, 1,510 sqft single family home for sale at $415,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $3,000/mo and returns $89/mo a month at a 6.8% 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
- $3,000/mo
- Monthly cash flow
- $89/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.3%
- Max offer
- $359,500
Offer ≤ $359,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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