For saleSingle family
$229,500
5147 Russell Ave N
Minneapolis MN 55430
2 beds, 2 baths, 1,212 sqft
5147 Russell Ave N is a 2 beds, 2 baths, 1,212 sqft single family home for sale at $229,500 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,600/mo and returns -$38/mo a month at a 6.5% 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
- $1,600/mo
- Monthly cash flow
- -$38/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -1.0%
- Max offer
- $189,000
Offer ≤ $189,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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