For saleSingle family
$339,700
1106 Irving Ave N
Minneapolis MN 55411
6 beds, 3 baths, 2,404 sqft
1106 Irving Ave N is a 6 beds, 3 baths, 2,404 sqft single family home for sale at $339,700 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,725/mo and returns $300/mo a month at a 7.7% 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
- $2,725/mo
- Monthly cash flow
- $300/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $321,500
Offer ≤ $321,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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