For saleSingle family
$339,900
7245 116th Pl N
Champlin MN 55316
4 beds, 2 baths, 1,648 sqft
7245 116th Pl N is a 4 beds, 2 baths, 1,648 sqft single family home for sale at $339,900 in Champlin MN 55316. At 20% down it rents for an estimated $3,075/mo and returns $649/mo a month at a 9.0% 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
- $3,075/mo
- Monthly cash flow
- $649/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.4%
- Max offer
- $339,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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