For saleSingle family
$347,900
4605 Clinton Ave
Minneapolis MN 55419
3 beds, 1 bath, 1,064 sqft
4605 Clinton Ave is a 3 beds, 1 bath, 1,064 sqft single family home for sale at $347,900 in Minneapolis MN 55419. At 20% down it rents for an estimated $2,400/mo and returns -$84/mo a month at a 6.4% 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
- $2,400/mo
- Monthly cash flow
- -$84/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.4%
- Max offer
- $283,500
Offer ≤ $283,500 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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