For saleSingle family
$140,000
1322 Fremont Ave N
Minneapolis MN 55411
4 beds, 1 bath, 1,410 sqft
1322 Fremont Ave N is a 4 beds, 1 bath, 1,410 sqft single family home for sale at $140,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,225/mo and returns $1,243/mo a month at a 17.2% 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
- $2,225/mo
- Monthly cash flow
- $1,243/mo
- Cap rate
- 17.2%
- Cash-on-cash
- 53.3%
- Max offer
- $140,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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