For saleSingle family
$119,000
1914 Penn Ave N
Minneapolis MN 55411
4 beds, 1 bath, 1,066 sqft
1914 Penn Ave N is a 4 beds, 1 bath, 1,066 sqft single family home for sale at $119,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,225/mo and returns $1,390/mo a month at a 20.5% 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
- $2,225/mo
- Monthly cash flow
- $1,390/mo
- Cap rate
- 20.5%
- Cash-on-cash
- 70.1%
- Max offer
- $119,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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