For saleSingle family
$325,000
5549 37th Ave S
Minneapolis MN 55417
3 beds, 1 bath, 1,010 sqft
5549 37th Ave S is a 3 beds, 1 bath, 1,010 sqft single family home for sale at $325,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,300/mo and returns -$20/mo a month at a 6.6% 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
- $2,300/mo
- Monthly cash flow
- -$20/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.4%
- Max offer
- $271,500
Offer ≤ $271,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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