For saleSingle family

$415,000

4615 1st Ave S

Minneapolis MN 55419

4 beds, 2 baths, 1,874 sqft

4615 1st Ave S is a 4 beds, 2 baths, 1,874 sqft single family home for sale at $415,000 in Minneapolis MN 55419. At 20% down it rents for an estimated $3,025/mo and returns $114/mo a month at a 6.8% 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
$3,025/mo
Monthly cash flow
$114/mo
Cap rate
6.8%
Cash-on-cash
1.7%
Max offer
$362,500

Offer ≤ $362,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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