For saleSingle family
$500,000
2121 E 22nd St
Minneapolis MN 55404
3 beds, 2 baths, 2,000 sqft
2121 E 22nd St is a 3 beds, 2 baths, 2,000 sqft single family home for sale at $500,000 in Minneapolis MN 55404. At 20% down it rents for an estimated $1,675/mo and returns -$1,894/mo a month at a 2.1% 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
- $1,675/mo
- Monthly cash flow
- -$1,894/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.7%
- Max offer
- $199,500
Offer ≤ $199,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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