For saleSingle family
$235,000
7121 15th Ave S
Richfield MN 55423
3 beds, 2 baths, 1,798 sqft
7121 15th Ave S is a 3 beds, 2 baths, 1,798 sqft single family home for sale at $235,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,525/mo and returns $877/mo a month at a 11.0% 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
- $2,525/mo
- Monthly cash flow
- $877/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 22.4%
- Max offer
- $235,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.