For saleSingle family
$189,900
424 33rd Ave N
Minneapolis MN 55412
3 beds, 1.5 baths, 1,185 sqft
424 33rd Ave N is a 3 beds, 1.5 baths, 1,185 sqft single family home for sale at $189,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,800/mo and returns $444/mo a month at a 9.5% 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
- $1,800/mo
- Monthly cash flow
- $444/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.0%
- Max offer
- $189,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading