For saleSingle family
$220,000
2511 Upton Ave N
Minneapolis MN 55411
3 beds, 1 bath, 1,864 sqft
2511 Upton Ave N is a 3 beds, 1 bath, 1,864 sqft single family home for sale at $220,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,900/mo and returns $329/mo a month at a 8.5% 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
- $1,900/mo
- Monthly cash flow
- $329/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.0%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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