For saleSingle family
$279,900
3659 Lyndale Ave N
Minneapolis MN 55412
4 beds, 3.5 baths, 1,903 sqft
3659 Lyndale Ave N is a 4 beds, 3.5 baths, 1,903 sqft single family home for sale at $279,900 in Minneapolis MN 55412. At 20% down it rents for an estimated $2,400/mo and returns $402/mo a month at a 8.4% 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
- $2,400/mo
- Monthly cash flow
- $402/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $279,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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