For saleSingle family
$394,700
711 5th Ave SE
Minneapolis MN 55414
5 beds, 2 baths, 1,860 sqft
711 5th Ave SE is a 5 beds, 2 baths, 1,860 sqft single family home for sale at $394,700 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,800/mo and returns -$18/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
- $2,800/mo
- Monthly cash flow
- -$18/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.3%
- Max offer
- $330,500
Offer ≤ $330,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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