For saleSingle family
$599,900
221 11th Ave N
Hopkins MN 55343
4 beds, 2 baths, 2,168 sqft
221 11th Ave N is a 4 beds, 2 baths, 2,168 sqft single family home for sale at $599,900 in Hopkins MN 55343. At 20% down it rents for an estimated $3,150/mo and returns -$1,133/mo a month at a 4.4% 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
- $3,150/mo
- Monthly cash flow
- -$1,133/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.3%
- Max offer
- $373,000
Offer ≤ $373,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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