For saleSingle family

$162,000

2030 James Ave N

Minneapolis MN 55411

3 beds, 1.5 baths, 1,443 sqft

2030 James Ave N is a 3 beds, 1.5 baths, 1,443 sqft single family home for sale at $162,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $2,000/mo and returns $864/mo a month at a 12.9% 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
$2,000/mo
Monthly cash flow
$864/mo
Cap rate
12.9%
Cash-on-cash
32.0%
Max offer
$162,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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