For saleSingle family
$345,000
922 23rd Ave NW
New Brighton MN 55112
4 beds, 2 baths, 1,726 sqft
922 23rd Ave NW is a 4 beds, 2 baths, 1,726 sqft single family home for sale at $345,000 in New Brighton MN 55112. At 20% down it rents for an estimated $2,800/mo and returns $380/mo a month at a 7.8% 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
- $2,800/mo
- Monthly cash flow
- $380/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.6%
- Max offer
- $335,000
Offer ≤ $335,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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