For saleSingle family

$840,000

11519 Avery Dr

Inver Grove Heights MN 55077

4 beds, 5 baths, 4,264 sqft

11519 Avery Dr is a 4 beds, 5 baths, 4,264 sqft single family home for sale at $840,000 in Inver Grove Heights MN 55077. At 20% down it rents for an estimated $2,900/mo and returns -$3,097/mo a month at a 2.2% 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
$2,900/mo
Monthly cash flow
-$3,097/mo
Cap rate
2.2%
Cash-on-cash
-22.1%
Max offer
$345,500

Offer ≤ $345,500 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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