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 $2,325/mo and returns $719/mo a month at a 10.5% 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
- $2,325/mo
- Monthly cash flow
- $719/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.2%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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