For saleSingle family
$340,000
1907 Snelling Ave N
Falcon Heights MN 55113
3 beds, 2 baths, 1,600 sqft
1907 Snelling Ave N is a 3 beds, 2 baths, 1,600 sqft single family home for sale at $340,000 in Falcon Heights MN 55113. At 20% down it rents for an estimated $1,675/mo and returns -$752/mo a month at a 4.0% 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
- $1,675/mo
- Monthly cash flow
- -$752/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.3%
- Max offer
- $198,500
Offer ≤ $198,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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