$97,000
3007 Fremont Ave N
Minneapolis MN 55411
3 beds, 1 bath, 1,480 sqft
3007 Fremont Ave N is a 3 beds, 1 bath, 1,480 sqft single family home for sale at $97,000 in Minneapolis MN 55411. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.
$97,000
3007 Fremont Ave N
Minneapolis MN 55411
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Pro forma
Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $425/mo for management, vacancy, maintenance and CapEx) would put cash flow at $826/mo. Set your own below.
Monthly payment (PITI)
- Principal & interest$469
- Property tax$97
- Insurance$32
- Total payment$598/mo
Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.
Cash you'd need to close (est.)
- Down payment (25.0%)$24,250
- Closing costs (~3%: title, lender, prepaid escrow)$2,910
- Reserves (2 months of payments)$1,197
- Total cash to close$28,357
An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.
Where it sits
3007 Fremont Ave N in context — the streets, water and amenities around it.
Property details
3007 Fremont Ave N · Minneapolis MN 55411
- Beds
- 3
- Baths
- 1
- Square feet
- 1,480
- Price / sqft
- $66
- Home type
- Single family
- Days on market
- 47 days
- HOA
- None
- Status
- For Sale
Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.