For saleSingle family
$369,900
1519 Sheridan Ave N
Minneapolis MN 55411
4 beds, 3 baths, 2,806 sqft
1519 Sheridan Ave N is a 4 beds, 3 baths, 2,806 sqft single family home for sale at $369,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,175/mo and returns -$466/mo a month at a 5.2% 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
- $2,175/mo
- Monthly cash flow
- -$466/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.6%
- Max offer
- $257,000
Offer ≤ $257,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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