For saleSingle family
$170,000
3201 N 6th St
Minneapolis MN 55412
2 beds, 2.5 baths, 1,377 sqft
3201 N 6th St is a 2 beds, 2.5 baths, 1,377 sqft single family home for sale at $170,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,800/mo and returns $608/mo a month at a 10.8% 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
- $608/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 21.4%
- Max offer
- $170,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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