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 $2,100/mo and returns $422/mo a month at a 8.8% 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
- $2,100/mo
- Monthly cash flow
- $422/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.8%
- Max offer
- $235,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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