For saleSingle family
$325,000
3541 Clinton Ave
Minneapolis MN 55408
5 beds, 3 baths, 2,382 sqft
3541 Clinton Ave is a 5 beds, 3 baths, 2,382 sqft single family home for sale at $325,000 in Minneapolis MN 55408. At 20% down it rents for an estimated $2,475/mo and returns $155/mo a month at a 7.2% 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
- $2,475/mo
- Monthly cash flow
- $155/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $292,000
Offer ≤ $292,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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