For saleSingle family

$389,000

10924 Gettysburg Ave N

Champlin MN 55316

5 beds, 2 baths, 1,901 sqft

10924 Gettysburg Ave N is a 5 beds, 2 baths, 1,901 sqft single family home for sale at $389,000 in Champlin MN 55316. At 20% down it rents for an estimated $3,025/mo and returns $248/mo a month at a 7.4% 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
$3,025/mo
Monthly cash flow
$248/mo
Cap rate
7.4%
Cash-on-cash
3.8%
Max offer
$357,000

Offer ≤ $357,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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