For saleSingle family

$215,000

3515 Girard Ave N

Minneapolis MN 55412

3 beds, 2 baths, 1,363 sqft

3515 Girard Ave N is a 3 beds, 2 baths, 1,363 sqft single family home for sale at $215,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,900/mo and returns $365/mo a month at a 8.7% 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
$1,900/mo
Monthly cash flow
$365/mo
Cap rate
8.7%
Cash-on-cash
10.2%
Max offer
$215,000

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

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