For saleSingle family
$289,000
5552 28th Ave S
Minneapolis MN 55417
3 beds, 1 bath, 1,305 sqft
5552 28th Ave S is a 3 beds, 1 bath, 1,305 sqft single family home for sale at $289,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $2,300/mo and returns $237/mo a month at a 7.7% 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
- $237/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 4.9%
- Max offer
- $271,500
Offer ≤ $271,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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