For saleSingle family

$199,900

3008 E 35th St

Minneapolis MN 55406

3 beds, 1 bath, 874 sqft

3008 E 35th St is a 3 beds, 1 bath, 874 sqft single family home for sale at $199,900 in Minneapolis MN 55406. At 20% down it rents for an estimated $2,350/mo and returns $923/mo a month at a 12.2% 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
$2,350/mo
Monthly cash flow
$923/mo
Cap rate
12.2%
Cash-on-cash
27.7%
Max offer
$199,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading