For saleSingle family
$429,900
1800 37th Ave NE
Minneapolis MN 55421
4 beds, 2 baths, 2,120 sqft
1800 37th Ave NE is a 4 beds, 2 baths, 2,120 sqft single family home for sale at $429,900 in Minneapolis MN 55421. At 20% down it rents for an estimated $2,525/mo and returns -$544/mo a month at a 5.1% 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
- $2,525/mo
- Monthly cash flow
- -$544/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $298,500
Offer ≤ $298,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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