For saleSingle family

$307,000

1131 80th Ave NE

Spring Lake Park MN 55432

4 beds, 2 baths, 1,606 sqft

1131 80th Ave NE is a 4 beds, 2 baths, 1,606 sqft single family home for sale at $307,000 in Spring Lake Park MN 55432. At 20% down it rents for an estimated $2,725/mo and returns $572/mo a month at a 8.8% 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
$2,725/mo
Monthly cash flow
$572/mo
Cap rate
8.8%
Cash-on-cash
11.2%
Max offer
$307,000

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

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