For saleSingle family
$414,900
216 Hawes Ave
Shoreview MN 55126
5 beds, 2 baths, 2,075 sqft
216 Hawes Ave is a 5 beds, 2 baths, 2,075 sqft single family home for sale at $414,900 in Shoreview MN 55126. At 20% down it rents for an estimated $3,450/mo and returns $488/mo a month at a 8.1% 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
- $3,450/mo
- Monthly cash flow
- $488/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.1%
- Max offer
- $407,000
Offer ≤ $407,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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