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 $342/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
$342/mo
Cap rate
7.7%
Cash-on-cash
6.0%
Max offer
$326,500

Offer ≤ $326,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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