For saleSingle family
$525,000
5540 Logan Ave S
Minneapolis MN 55419
3 beds, 2 baths, 2,084 sqft
5540 Logan Ave S is a 3 beds, 2 baths, 2,084 sqft single family home for sale at $525,000 in Minneapolis MN 55419. At 20% down it rents for an estimated $2,900/mo and returns -$848/mo a month at a 4.7% 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
- $2,900/mo
- Monthly cash flow
- -$848/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.7%
- Max offer
- $343,000
Offer ≤ $343,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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