For saleSingle family

$385,000

8270 120th Ave N

Champlin MN 55316

5 beds, 2 baths, 1,536 sqft

8270 120th Ave N is a 5 beds, 2 baths, 1,536 sqft single family home for sale at $385,000 in Champlin MN 55316. At 20% down it rents for an estimated $2,975/mo and returns $275/mo a month at a 7.4% 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
$2,975/mo
Monthly cash flow
$275/mo
Cap rate
7.4%
Cash-on-cash
4.3%
Max offer
$356,000

Offer ≤ $356,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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