For saleSingle family
$300,000
346 E 50th St
Minneapolis MN 55419
2 beds, 1 bath, 1,098 sqft
346 E 50th St is a 2 beds, 1 bath, 1,098 sqft single family home for sale at $300,000 in Minneapolis MN 55419. At 20% down it rents for an estimated $1,700/mo and returns -$442/mo a month at a 4.9% 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
- $1,700/mo
- Monthly cash flow
- -$442/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.8%
- Max offer
- $201,000
Offer ≤ $201,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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