For saleSingle family
$247,500
3526 James Ave N
Minneapolis MN 55412
3 beds, 1 bath, 2,000 sqft
3526 James Ave N is a 3 beds, 1 bath, 2,000 sqft single family home for sale at $247,500 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,900/mo and returns $133/mo a month at a 7.3% 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
- $133/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $224,000
Offer ≤ $224,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading