For saleSingle family

$248,900

2619 James Ave N

Minneapolis MN 55411

3 beds, 1 bath, 2,096 sqft

2619 James Ave N is a 3 beds, 1 bath, 2,096 sqft single family home for sale at $248,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,000/mo and returns $254/mo a month at a 7.7% 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
$2,000/mo
Monthly cash flow
$254/mo
Cap rate
7.7%
Cash-on-cash
6.1%
Max offer
$239,500

Offer ≤ $239,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.