For saleSingle family

$59,900

4031 Fremont Ave N

Minneapolis MN 55412

2 beds, 1.5 baths, 954 sqft

4031 Fremont Ave N is a 2 beds, 1.5 baths, 954 sqft single family home for sale at $59,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,550/mo and returns $1,130/mo a month at a 29.2% 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
$1,550/mo
Monthly cash flow
$1,130/mo
Cap rate
29.2%
Cash-on-cash
113.2%
Max offer
$59,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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