For saleSingle family
$199,900
4126 Sheridan Ave N
Minneapolis MN 55412
2 beds, 1 bath, 860 sqft
4126 Sheridan Ave N is a 2 beds, 1 bath, 860 sqft single family home for sale at $199,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,650/mo and returns $223/mo a month at a 8.0% 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
- $1,650/mo
- Monthly cash flow
- $223/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $194,500
Offer ≤ $194,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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