For saleSingle family
$324,900
6714 S 17th Ave
Richfield MN 55423
3 beds, 1.5 baths, 1,824 sqft
6714 S 17th Ave is a 3 beds, 1.5 baths, 1,824 sqft single family home for sale at $324,900 in Richfield MN 55423. At 20% down it rents for an estimated $2,475/mo and returns $196/mo a month at a 7.2% 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
- $2,475/mo
- Monthly cash flow
- $196/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.6%
- Max offer
- $296,500
Offer ≤ $296,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.