For saleSingle family
$150,625
3205 Elliot Ave
Minneapolis MN 55407
4 beds, 2 baths, 1,337 sqft
3205 Elliot Ave is a 4 beds, 2 baths, 1,337 sqft single family home for sale at $150,625 in Minneapolis MN 55407. At 20% down it rents for an estimated $2,050/mo and returns $975/mo a month at a 14.4% 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
- $2,050/mo
- Monthly cash flow
- $975/mo
- Cap rate
- 14.4%
- Cash-on-cash
- 38.8%
- Max offer
- $150,625
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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