For saleSingle family
$215,000
4618 Aldrich Ave N
Minneapolis MN 55412
2 beds, 2 baths, 1,100 sqft
4618 Aldrich Ave N is a 2 beds, 2 baths, 1,100 sqft single family home for sale at $215,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,650/mo and returns $115/mo a month at a 7.3% 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
- $1,650/mo
- Monthly cash flow
- $115/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $194,500
Offer ≤ $194,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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