For saleSingle family

$225,000

2815 Irving Ave N

Minneapolis MN 55411

4 beds, 1.5 baths, 1,430 sqft

2815 Irving Ave N is a 4 beds, 1.5 baths, 1,430 sqft single family home for sale at $225,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,275/mo and returns $697/mo a month at a 10.2% 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
$2,275/mo
Monthly cash flow
$697/mo
Cap rate
10.2%
Cash-on-cash
18.6%
Max offer
$225,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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