For saleSingle family
$62,600
2030 Russell Ave N
Minneapolis MN 55411
2 beds, 1 bath, 897 sqft
2030 Russell Ave N is a 2 beds, 1 bath, 897 sqft single family home for sale at $62,600 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,800/mo and returns $1,361/mo a month at a 32.6% 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
- $1,361/mo
- Cap rate
- 32.6%
- Cash-on-cash
- 130.4%
- Max offer
- $62,600
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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