For saleSingle family
$185,000
3442 Logan Ave N
Minneapolis MN 55412
2 beds, 1 bath, 1,104 sqft
3442 Logan Ave N is a 2 beds, 1 bath, 1,104 sqft single family home for sale at $185,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,550/mo and returns $229/mo a month at a 8.2% 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
- $1,550/mo
- Monthly cash flow
- $229/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.4%
- Max offer
- $182,500
Offer ≤ $182,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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