For saleSingle family
$585,000
2226 Pleasant Ave
Minneapolis MN 55404
5 beds, 5 baths, 2,262 sqft
2226 Pleasant Ave is a 5 beds, 5 baths, 2,262 sqft single family home for sale at $585,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $2,300/mo and returns -$1,876/mo a month at a 2.8% 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
- $2,300/mo
- Monthly cash flow
- -$1,876/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.2%
- Max offer
- $273,500
Offer ≤ $273,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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