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 $1,650/mo and returns $1,222/mo a month at a 31.2% 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
- $1,650/mo
- Monthly cash flow
- $1,222/mo
- Cap rate
- 31.2%
- Cash-on-cash
- 122.4%
- Max offer
- $59,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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