For saleSingle family

$219,900

2328 Sheridan Ave N

Minneapolis MN 55411

3 beds, 1 bath, 1,213 sqft

2328 Sheridan Ave N is a 3 beds, 1 bath, 1,213 sqft single family home for sale at $219,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,000/mo and returns $458/mo a month at a 9.0% 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
$2,000/mo
Monthly cash flow
$458/mo
Cap rate
9.0%
Cash-on-cash
12.5%
Max offer
$219,900

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

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