For saleSingle family
$270,000
502 Park St
Anoka MN 55303
2 beds, 1 bath, 1,224 sqft
502 Park St is a 2 beds, 1 bath, 1,224 sqft single family home for sale at $270,000 in Anoka MN 55303. At 20% down it rents for an estimated $1,350/mo and returns -$577/mo a month at a 4.1% 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
- $1,350/mo
- Monthly cash flow
- -$577/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $160,000
Offer ≤ $160,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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