For saleSingle family
$215,000
2601 Girard Ave N
Minneapolis MN 55411
2 beds, 1 bath, 800 sqft
2601 Girard Ave N is a 2 beds, 1 bath, 800 sqft single family home for sale at $215,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,800/mo and returns $265/mo a month at a 8.1% 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
- $1,800/mo
- Monthly cash flow
- $265/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.4%
- Max offer
- $212,000
Offer ≤ $212,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading