For saleSingle family
$210,000
2425 11th Ave S
Minneapolis MN 55404
3 beds, 1 bath, 1,121 sqft
2425 11th Ave S is a 3 beds, 1 bath, 1,121 sqft single family home for sale at $210,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,675/mo and returns $176/mo a month at a 7.7% 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
- $1,675/mo
- Monthly cash flow
- $176/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $197,500
Offer ≤ $197,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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