For saleSingle family
$103,500
2631 Aldrich Ave S
Minneapolis MN 55408
1 bed, 1 bath
2631 Aldrich Ave S is a 1 bed, 1 bath single family home for sale at $103,500 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,300/mo and returns $574/mo a month at a 13.2% 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
- $1,300/mo
- Monthly cash flow
- $574/mo
- Cap rate
- 13.2%
- Cash-on-cash
- 33.3%
- Max offer
- $103,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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