For saleSingle family
$234,000
2518 Fremont Ave N
Minneapolis MN 55411
5 beds, 2 baths, 1,472 sqft
2518 Fremont Ave N is a 5 beds, 2 baths, 1,472 sqft single family home for sale at $234,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,550/mo and returns $909/mo a month at a 11.2% 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
- $2,550/mo
- Monthly cash flow
- $909/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 23.3%
- Max offer
- $234,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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