For saleSingle family
$269,900
1313 Sheridan Ave N
Minneapolis MN 55411
3 beds, 2 baths, 2,737 sqft
1313 Sheridan Ave N is a 3 beds, 2 baths, 2,737 sqft single family home for sale at $269,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,900/mo and returns -$27/mo a month at a 6.5% 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
- $1,900/mo
- Monthly cash flow
- -$27/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.6%
- Max offer
- $224,500
Offer ≤ $224,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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