For saleSingle family
$500,000
1974 Summer St
Falcon Heights MN 55113
5 beds, 3 baths, 3,129 sqft
1974 Summer St is a 5 beds, 3 baths, 3,129 sqft single family home for sale at $500,000 in Falcon Heights MN 55113. At 20% down it rents for an estimated $2,850/mo and returns -$719/mo a month at a 4.9% 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
- $2,850/mo
- Monthly cash flow
- -$719/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.6%
- Max offer
- $337,000
Offer ≤ $337,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading