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 $3,125/mo and returns $305/mo a month at a 7.6% 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
- $3,125/mo
- Monthly cash flow
- $305/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.6%
- Max offer
- $369,000
Offer ≤ $369,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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