For saleSingle family

$209,900

5226 Girard Ave N

Minneapolis MN 55430

2 beds, 1 bath, 756 sqft

5226 Girard Ave N is a 2 beds, 1 bath, 756 sqft single family home for sale at $209,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,550/mo and returns $52/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
$1,550/mo
Monthly cash flow
$52/mo
Cap rate
7.0%
Cash-on-cash
1.5%
Max offer
$183,000

Offer ≤ $183,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading