For saleTownhouse
$235,000
3514 4th Ave S
Minneapolis MN 55408
3 beds, 1 bath, 2,130 sqft
3514 4th Ave S is a 3 beds, 1 bath, 2,130 sqft townhouse home for sale at $235,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $1,800/mo and returns -$125/mo a month at a 6.0% 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
- $1,800/mo
- Monthly cash flow
- -$125/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.2%
- Max offer
- $180,500
Offer ≤ $180,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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