For saleSingle family
$319,900
5316 Newton Ave S
Minneapolis MN 55419
3 beds, 1 bath, 1,182 sqft
5316 Newton Ave S is a 3 beds, 1 bath, 1,182 sqft single family home for sale at $319,900 in Minneapolis MN 55419. At 20% down it rents for an estimated $2,400/mo and returns $156/mo a month at a 7.1% 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
- $2,400/mo
- Monthly cash flow
- $156/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.9%
- Max offer
- $287,500
Offer ≤ $287,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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