For saleSingle family
$373,990
3015 Basswood Street
Little Canada MN 55117
3 beds, 1,777 sqft
3015 Basswood Street is a 3 beds, 1,777 sqft single family home for sale at $373,990 in Little Canada MN 55117. At 20% down it rents for an estimated $2,325/mo and returns -$345/mo a month at a 5.6% 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
- $2,325/mo
- Monthly cash flow
- -$345/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.5%
- Max offer
- $275,000
Offer ≤ $275,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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