For saleSingle family
$750,000
1475 3rd St NW
New Brighton MN 55112
5 beds, 4 baths, 3,649 sqft
1475 3rd St NW is a 5 beds, 4 baths, 3,649 sqft single family home for sale at $750,000 in New Brighton MN 55112. At 20% down it rents for an estimated $2,825/mo and returns -$2,529/mo a month at a 2.6% 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
- $2,825/mo
- Monthly cash flow
- -$2,529/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.2%
- Max offer
- $336,000
Offer ≤ $336,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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