For saleSingle family
$290,000
3620 Sheridan Ave N
Minneapolis MN 55412
4 beds, 2 baths, 1,576 sqft
3620 Sheridan Ave N is a 4 beds, 2 baths, 1,576 sqft single family home for sale at $290,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,200/mo and returns $166/mo a month at a 7.2% 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
- $2,200/mo
- Monthly cash flow
- $166/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.4%
- Max offer
- $263,500
Offer ≤ $263,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.