For saleSingle family
$167,900
2650 Irving Ave N
Minneapolis MN 55411
4 beds, 2 baths, 1,200 sqft
2650 Irving Ave N is a 4 beds, 2 baths, 1,200 sqft single family home for sale at $167,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,325/mo and returns $1,126/mo a month at a 14.7% 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
- $2,325/mo
- Monthly cash flow
- $1,126/mo
- Cap rate
- 14.7%
- Cash-on-cash
- 40.3%
- Max offer
- $167,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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