For saleSingle family
$209,900
3326 Logan Ave N
Minneapolis MN 55412
3 beds, 2 baths, 1,223 sqft
3326 Logan Ave N is a 3 beds, 2 baths, 1,223 sqft single family home for sale at $209,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,900/mo and returns $402/mo a month at a 9.0% 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
- $1,900/mo
- Monthly cash flow
- $402/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $209,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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