For saleSingle family
$299,900
4248 Park Ave
Minneapolis MN 55407
3 beds, 2 baths, 1,501 sqft
4248 Park Ave is a 3 beds, 2 baths, 1,501 sqft single family home for sale at $299,900 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,200/mo and returns $97/mo a month at a 6.9% 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
- $2,200/mo
- Monthly cash flow
- $97/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.9%
- Max offer
- $263,500
Offer ≤ $263,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.