For saleSingle family
$259,900
5206 Xerxes Ave N
Minneapolis MN 55430
4 beds, 2 baths, 1,705 sqft
5206 Xerxes Ave N is a 4 beds, 2 baths, 1,705 sqft single family home for sale at $259,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $2,475/mo and returns $620/mo a month at a 9.5% 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
- $2,475/mo
- Monthly cash flow
- $620/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.3%
- Max offer
- $259,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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