For saleSingle family

$239,999

3123 Knox Ave N

Minneapolis MN 55411

3 beds, 1 bath, 1,886 sqft

3123 Knox Ave N is a 3 beds, 1 bath, 1,886 sqft single family home for sale at $239,999 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,900/mo and returns $217/mo a month at a 7.6% 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
$217/mo
Cap rate
7.6%
Cash-on-cash
5.4%
Max offer
$227,500

Offer ≤ $227,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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