For saleSingle family
$259,900
3130 Cedar Ave S
Minneapolis MN 55407
4 beds, 3 baths, 1,886 sqft
3130 Cedar Ave S is a 4 beds, 3 baths, 1,886 sqft single family home for sale at $259,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,050/mo and returns $195/mo a month at a 7.6% 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
- $2,050/mo
- Monthly cash flow
- $195/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $242,000
Offer ≤ $242,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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