For saleSingle family
$314,900
3334 James Ave N
Minneapolis MN 55412
4 beds, 2 baths, 2,031 sqft
3334 James Ave N is a 4 beds, 2 baths, 2,031 sqft single family home for sale at $314,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,350/mo and returns $102/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
- $2,350/mo
- Monthly cash flow
- $102/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 1.9%
- Max offer
- $277,500
Offer ≤ $277,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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