For saleSingle family
$229,900
2806 Emerson Ave N
Minneapolis MN 55411
3 beds, 2 baths, 1,316 sqft
2806 Emerson Ave N is a 3 beds, 2 baths, 1,316 sqft single family home for sale at $229,900 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,000/mo and returns $359/mo a month at a 8.5% 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
- $359/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.4%
- Max offer
- $229,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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