For saleSingle family
$350,000
2213 Jersey Ave S
Saint Louis Park MN 55426
2 beds, 1 bath, 1,264 sqft
2213 Jersey Ave S is a 2 beds, 1 bath, 1,264 sqft single family home for sale at $350,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,800/mo and returns -$699/mo a month at a 4.3% 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
- $1,800/mo
- Monthly cash flow
- -$699/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $213,000
Offer ≤ $213,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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