For saleSingle family

$699,000

4525 Abbott Ave S

Minneapolis MN 55410

4 beds, 2 baths, 2,284 sqft

4525 Abbott Ave S is a 4 beds, 2 baths, 2,284 sqft single family home for sale at $699,000 in Minneapolis MN 55410. At 20% down it rents for an estimated $2,800/mo and returns -$2,190/mo a month at a 2.9% 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
-$2,190/mo
Cap rate
2.9%
Cash-on-cash
-18.8%
Max offer
$332,500

Offer ≤ $332,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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