For saleSingle family

$215,000

559 North St

Anoka MN 55303

3 beds, 1.5 baths, 2,446 sqft

559 North St is a 3 beds, 1.5 baths, 2,446 sqft single family home for sale at $215,000 in Anoka MN 55303. At 20% down it rents for an estimated $2,250/mo and returns $742/mo a month at a 10.7% 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
$2,250/mo
Monthly cash flow
$742/mo
Cap rate
10.7%
Cash-on-cash
20.7%
Max offer
$215,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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