For saleSingle family
$595,000
5612 12th Ave S
Minneapolis MN 55417
4 beds, 2 baths, 2,307 sqft
5612 12th Ave S is a 4 beds, 2 baths, 2,307 sqft single family home for sale at $595,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,700/mo and returns -$1,548/mo a month at a 3.5% 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
- $2,700/mo
- Monthly cash flow
- -$1,548/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.6%
- Max offer
- $320,000
Offer ≤ $320,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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