For saleSingle family
$260,000
3202 N 6th St
Minneapolis MN 55412
4 beds, 2 baths, 2,338 sqft
3202 N 6th St is a 4 beds, 2 baths, 2,338 sqft single family home for sale at $260,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,275/mo and returns $451/mo a month at a 8.6% 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
- $2,275/mo
- Monthly cash flow
- $451/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 10.4%
- Max offer
- $260,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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