For saleSingle family
$385,000
3937 77th St E
Inver Grove Heights MN 55076
3 beds, 1 bath, 2,102 sqft
3937 77th St E is a 3 beds, 1 bath, 2,102 sqft single family home for sale at $385,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,500/mo and returns -$248/mo a month at a 5.9% 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
- $2,500/mo
- Monthly cash flow
- -$248/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.9%
- Max offer
- $295,500
Offer ≤ $295,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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