For saleSingle family
$290,000
2321 Lyndale Ave N
Minneapolis MN 55411
6 beds, 2 baths, 2,103 sqft
2321 Lyndale Ave N is a 6 beds, 2 baths, 2,103 sqft single family home for sale at $290,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,800/mo and returns $730/mo a month at a 9.7% 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
- $2,800/mo
- Monthly cash flow
- $730/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.1%
- Max offer
- $290,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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