For saleSingle family
$159,999
4515 Aldrich Ave N
Minneapolis MN 55412
1 bed, 1 bath, 540 sqft
4515 Aldrich Ave N is a 1 bed, 1 bath, 540 sqft single family home for sale at $159,999 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,300/mo and returns $158/mo a month at a 7.9% 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
- $1,300/mo
- Monthly cash flow
- $158/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 5.9%
- Max offer
- $153,000
Offer ≤ $153,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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