For saleMulti-family
$419,900
2249 Louisiana Ave S
Saint Louis Park MN 55426
4 beds, 2 baths, 1,984 sqft
2249 Louisiana Ave S is a 4 beds, 2 baths, 1,984 sqft multi-family home for sale at $419,900 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $3,350/mo and returns $352/mo a month at a 7.7% 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
- $3,350/mo
- Monthly cash flow
- $352/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.0%
- Max offer
- $395,500
Offer ≤ $395,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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