For saleTownhouse
$260,000
500 E 27th St
Minneapolis MN 55408
3 beds, 2 baths, 1,631 sqft
500 E 27th St is a 3 beds, 2 baths, 1,631 sqft townhouse home for sale at $260,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,775/mo and returns -$330/mo a month at a 5.1% 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
- $1,775/mo
- Monthly cash flow
- -$330/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $176,000
Offer ≤ $176,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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