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 $2,125/mo and returns $162/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
$2,125/mo
Monthly cash flow
$162/mo
Cap rate
7.2%
Cash-on-cash
3.5%
Max offer
$254,500

Offer ≤ $254,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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