For saleSingle family
$375,000
6009 13th Ave S
Minneapolis MN 55417
4 beds, 1 bath, 2,181 sqft
6009 13th Ave S is a 4 beds, 1 bath, 2,181 sqft single family home for sale at $375,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $3,000/mo and returns $370/mo a month at a 7.7% 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
- $3,000/mo
- Monthly cash flow
- $370/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.9%
- Max offer
- $359,000
Offer ≤ $359,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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