For saleSingle family

$395,000

1077 26th Ave SE

Minneapolis MN 55414

6 beds, 2 baths, 2,297 sqft

1077 26th Ave SE is a 6 beds, 2 baths, 2,297 sqft single family home for sale at $395,000 in Minneapolis MN 55414. At 20% down it rents for an estimated $2,925/mo and returns $155/mo a month at a 7.0% 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
$2,925/mo
Monthly cash flow
$155/mo
Cap rate
7.0%
Cash-on-cash
2.3%
Max offer
$350,500

Offer ≤ $350,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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