For saleSingle family
$165,000
3800 Xerxes Ave N
Minneapolis MN 55412
3 beds, 2.5 baths, 1,869 sqft
3800 Xerxes Ave N is a 3 beds, 2.5 baths, 1,869 sqft single family home for sale at $165,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,000/mo and returns $822/mo a month at a 12.6% 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
- $2,000/mo
- Monthly cash flow
- $822/mo
- Cap rate
- 12.6%
- Cash-on-cash
- 29.9%
- Max offer
- $165,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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