For saleSingle family
$344,500
2920 W 71 1/2 St
Richfield MN 55423
4 beds, 1 bath, 1,798 sqft
2920 W 71 1/2 St is a 4 beds, 1 bath, 1,798 sqft single family home for sale at $344,500 in Richfield MN 55423. At 20% down it rents for an estimated $3,800/mo and returns $1,384/mo a month at a 11.3% 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
- $3,800/mo
- Monthly cash flow
- $1,384/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 24.1%
- Max offer
- $344,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.