For saleSingle family
$300,000
3112 E 33rd St
Minneapolis MN 55406
2 beds, 1 bath, 898 sqft
3112 E 33rd St is a 2 beds, 1 bath, 898 sqft single family home for sale at $300,000 in Minneapolis MN 55406. At 20% down it rents for an estimated $1,750/mo and returns -$392/mo a month at a 5.1% 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
- $1,750/mo
- Monthly cash flow
- -$392/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.8%
- Max offer
- $207,000
Offer ≤ $207,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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