For saleSingle family
$478,000
1435 56th St E
Inver Grove Heights MN 55077
4 beds, 3 baths, 2,900 sqft
1435 56th St E is a 4 beds, 3 baths, 2,900 sqft single family home for sale at $478,000 in Inver Grove Heights MN 55077. At 20% down it rents for an estimated $2,600/mo and returns -$812/mo a month at a 4.6% 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
- $2,600/mo
- Monthly cash flow
- -$812/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.2%
- Max offer
- $308,000
Offer ≤ $308,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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