For saleSingle family
$550,000
401 Turnpike Rd
Golden Valley MN 55416
3 beds, 2 baths, 1,424 sqft
401 Turnpike Rd is a 3 beds, 2 baths, 1,424 sqft single family home for sale at $550,000 in Golden Valley MN 55416. At 20% down it rents for an estimated $2,025/mo and returns -$1,901/mo a month at a 2.5% 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
- $2,025/mo
- Monthly cash flow
- -$1,901/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.7%
- Max offer
- $241,000
Offer ≤ $241,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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