For saleSingle family
$499,900
9432 Old Concord Blvd
Inver Grove Heights MN 55076
3 beds, 2 baths, 2,373 sqft
9432 Old Concord Blvd is a 3 beds, 2 baths, 2,373 sqft single family home for sale at $499,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,200/mo and returns -$1,369/mo a month at a 3.4% 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
- $2,200/mo
- Monthly cash flow
- -$1,369/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.4%
- Max offer
- $261,000
Offer ≤ $261,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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