For saleTownhouse
$249,900
3680 Independence Ave S Apt 30
Saint Louis Park MN 55426
2 beds, 2 baths, 1,180 sqft
3680 Independence Ave S Apt 30 is a 2 beds, 2 baths, 1,180 sqft townhouse home for sale at $249,900 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,575/mo and returns -$551/mo a month at a 4.0% 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
- $1,575/mo
- Monthly cash flow
- -$551/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.2%
- Max offer
- $140,000
Offer ≤ $140,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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