For saleSingle family
$109,900
4934 Newton Ave N
Minneapolis MN 55430
1 bed, 1 bath, 700 sqft
4934 Newton Ave N is a 1 bed, 1 bath, 700 sqft single family home for sale at $109,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,200/mo and returns $415/mo a month at a 11.2% 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
- $1,200/mo
- Monthly cash flow
- $415/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 22.7%
- Max offer
- $109,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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