For saleSingle family
$299,000
4535 Vincent Ave N
Minneapolis MN 55412
3 beds, 1 bath, 1,245 sqft
4535 Vincent Ave N is a 3 beds, 1 bath, 1,245 sqft single family home for sale at $299,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,425/mo and returns $291/mo a month at a 7.8% 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
- $2,425/mo
- Monthly cash flow
- $291/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.8%
- Max offer
- $286,000
Offer ≤ $286,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading