For saleSingle family

$375,000

4916 Cedar Ave S

Minneapolis MN 55417

2 beds, 1 bath, 1,021 sqft

4916 Cedar Ave S is a 2 beds, 1 bath, 1,021 sqft single family home for sale at $375,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $1,550/mo and returns -$1,127/mo a month at a 3.1% 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
$1,550/mo
Monthly cash flow
-$1,127/mo
Cap rate
3.1%
Cash-on-cash
-18.0%
Max offer
$184,000

Offer ≤ $184,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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