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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