For saleSingle family
$259,950
938 17th Ave SE
Minneapolis MN 55414
3 beds, 2 baths, 1,278 sqft
938 17th Ave SE is a 3 beds, 2 baths, 1,278 sqft single family home for sale at $259,950 in Minneapolis MN 55414. At 20% down it rents for an estimated $1,925/mo and returns $69/mo a month at a 7.0% 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
- $1,925/mo
- Monthly cash flow
- $69/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.6%
- Max offer
- $227,000
Offer ≤ $227,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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