For saleSingle family

$269,900

5037 Upton Ave N

Minneapolis MN 55430

3 beds, 2 baths, 1,511 sqft

5037 Upton Ave N is a 3 beds, 2 baths, 1,511 sqft single family home for sale at $269,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $2,075/mo and returns $182/mo a month at a 7.3% 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
$2,075/mo
Monthly cash flow
$182/mo
Cap rate
7.3%
Cash-on-cash
4.0%
Max offer
$248,500

Offer ≤ $248,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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