For saleSingle family
$359,000
6990 Dawn Ave
Inver Grove Heights MN 55076
3 beds, 2 baths, 1,476 sqft
6990 Dawn Ave is a 3 beds, 2 baths, 1,476 sqft single family home for sale at $359,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,200/mo and returns -$363/mo a month at a 5.5% 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
- $2,200/mo
- Monthly cash flow
- -$363/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.1%
- Max offer
- $260,000
Offer ≤ $260,000 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading