For saleSingle family
$284,900
3334 Stevens Ave
Minneapolis MN 55408
5 beds, 1 bath, 2,086 sqft
3334 Stevens Ave is a 5 beds, 1 bath, 2,086 sqft single family home for sale at $284,900 in Minneapolis MN 55408. At 20% down it rents for an estimated $2,600/mo and returns $566/mo a month at a 9.1% 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
- $2,600/mo
- Monthly cash flow
- $566/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 11.9%
- Max offer
- $284,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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