For saleSingle family

$190,000

2332 Sheridan Ave N

Minneapolis MN 55411

3 beds, 1 bath, 912 sqft

2332 Sheridan Ave N is a 3 beds, 1 bath, 912 sqft single family home for sale at $190,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,950/mo and returns $617/mo a month at a 10.4% 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
$1,950/mo
Monthly cash flow
$617/mo
Cap rate
10.4%
Cash-on-cash
19.5%
Max offer
$190,000

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

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