For saleSingle family
$275,000
1821 Fillmore St NE
Minneapolis MN 55418
2 beds, 2 baths, 1,135 sqft
1821 Fillmore St NE is a 2 beds, 2 baths, 1,135 sqft single family home for sale at $275,000 in Minneapolis MN 55418. At 20% down it rents for an estimated $1,500/mo and returns -$463/mo a month at a 4.6% 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
- $1,500/mo
- Monthly cash flow
- -$463/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.1%
- Max offer
- $177,500
Offer ≤ $177,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading