For saleSingle family
$275,000
2840 Kentucky Ave S
Saint Louis Park MN 55426
3 beds, 1 bath, 1,113 sqft
2840 Kentucky Ave S is a 3 beds, 1 bath, 1,113 sqft single family home for sale at $275,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,150/mo and returns $187/mo a month at a 7.5% 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
- $2,150/mo
- Monthly cash flow
- $187/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.1%
- Max offer
- $253,500
Offer ≤ $253,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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