For saleSingle family
$235,000
4005 3rd Ave S
Minneapolis MN 55409
3 beds, 1 bath, 1,100 sqft
4005 3rd Ave S is a 3 beds, 1 bath, 1,100 sqft single family home for sale at $235,000 in Minneapolis MN 55409. At 20% down it rents for an estimated $2,200/mo and returns $552/mo a month at a 9.3% 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
- $2,200/mo
- Monthly cash flow
- $552/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 14.1%
- Max offer
- $235,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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