For saleSingle family
$249,900
1003 9th Ave
Anoka MN 55303
3 beds, 1 bath, 992 sqft
1003 9th Ave is a 3 beds, 1 bath, 992 sqft single family home for sale at $249,900 in Anoka MN 55303. At 20% down it rents for an estimated $2,375/mo and returns $622/mo a month at a 9.5% 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
- $2,375/mo
- Monthly cash flow
- $622/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.9%
- Max offer
- $249,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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