For saleSingle family
$215,000
5533 32nd Ave S
Minneapolis MN 55417
2 beds, 1 bath, 748 sqft
5533 32nd Ave S is a 2 beds, 1 bath, 748 sqft single family home for sale at $215,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $1,375/mo and returns -$160/mo a month at a 5.8% 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
- $1,375/mo
- Monthly cash flow
- -$160/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.5%
- Max offer
- $162,500
Offer ≤ $162,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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