For saleTownhouse
$400,000
2336 19th Ave NE
Minneapolis MN 55418
3 beds, 2 baths, 1,917 sqft
2336 19th Ave NE is a 3 beds, 2 baths, 1,917 sqft townhouse home for sale at $400,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $1,675/mo and returns -$1,637/mo a month at a 1.8% 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
- $1,675/mo
- Monthly cash flow
- -$1,637/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.6%
- Max offer
- $131,000
Offer ≤ $131,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading