For saleSingle family
$205,000
3506 Newton Ave N
Minneapolis MN 55412
4 beds, 1.5 baths, 1,352 sqft
3506 Newton Ave N is a 4 beds, 1.5 baths, 1,352 sqft single family home for sale at $205,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,175/mo and returns $737/mo a month at a 10.8% 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
- $2,175/mo
- Monthly cash flow
- $737/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 21.6%
- Max offer
- $205,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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