For saleSingle family
$399,000
5124 45th Ave S
Minneapolis MN 55417
3 beds, 2 baths, 2,228 sqft
5124 45th Ave S is a 3 beds, 2 baths, 2,228 sqft single family home for sale at $399,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,450/mo and returns -$398/mo a month at a 5.5% 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
- $2,450/mo
- Monthly cash flow
- -$398/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.0%
- Max offer
- $289,500
Offer ≤ $289,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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