For saleSingle family
$924,900
5063 Nicollet Ave
Minneapolis MN 55419
4 beds, 4 baths, 3,150 sqft
5063 Nicollet Ave is a 4 beds, 4 baths, 3,150 sqft single family home for sale at $924,900 in Minneapolis MN 55419. At 20% down it rents for an estimated $2,675/mo and returns -$3,928/mo a month at a 1.6% 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
- $2,675/mo
- Monthly cash flow
- -$3,928/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.5%
- Max offer
- $319,500
Offer ≤ $319,500 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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