For saleSingle family
$209,000
5048 Fremont Ave N
Minneapolis MN 55430
2 beds, 1 bath, 722 sqft
5048 Fremont Ave N is a 2 beds, 1 bath, 722 sqft single family home for sale at $209,000 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,675/mo and returns $183/mo a month at a 7.7% 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
- $1,675/mo
- Monthly cash flow
- $183/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $197,500
Offer ≤ $197,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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