For saleSingle family
$340,000
3905 Cedar Ave S
Minneapolis MN 55407
3 beds, 2 baths, 1,817 sqft
3905 Cedar Ave S is a 3 beds, 2 baths, 1,817 sqft single family home for sale at $340,000 in Minneapolis MN 55407. At 20% down it rents for an estimated $1,800/mo and returns -$627/mo a month at a 4.5% 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
- $1,800/mo
- Monthly cash flow
- -$627/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -11.1%
- Max offer
- $213,000
Offer ≤ $213,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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