For saleSingle family
$239,900
2923 Girard Ave N
Minneapolis MN 55411
5 beds, 2 baths, 1,760 sqft
2923 Girard Ave N is a 5 beds, 2 baths, 1,760 sqft single family home for sale at $239,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,475/mo and returns $792/mo a month at a 10.5% 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
- $2,475/mo
- Monthly cash flow
- $792/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.8%
- Max offer
- $239,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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