For saleSingle family
$219,900
3835 N 6th St
Minneapolis MN 55412
3 beds, 1 bath, 1,280 sqft
3835 N 6th St is a 3 beds, 1 bath, 1,280 sqft single family home for sale at $219,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,850/mo and returns $280/mo a month at a 8.2% 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
- $1,850/mo
- Monthly cash flow
- $280/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $218,000
Offer ≤ $218,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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