For saleSingle family
$345,000
5752 23rd Ave S
Minneapolis MN 55417
2 beds, 2 baths, 1,412 sqft
5752 23rd Ave S is a 2 beds, 2 baths, 1,412 sqft single family home for sale at $345,000 in Minneapolis MN 55417. At 20% down it rents for an estimated $1,375/mo and returns -$1,088/mo a month at a 2.9% 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
- -$1,088/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.9%
- Max offer
- $163,000
Offer ≤ $163,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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