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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