For saleSingle family
$289,000
4151 2nd Ave S
Minneapolis MN 55409
4 beds, 2 baths, 1,205 sqft
4151 2nd Ave S is a 4 beds, 2 baths, 1,205 sqft single family home for sale at $289,000 in Minneapolis MN 55409. At 20% down it rents for an estimated $2,575/mo and returns $512/mo a month at a 8.8% 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
- $2,575/mo
- Monthly cash flow
- $512/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.6%
- Max offer
- $289,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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