For saleSingle family
$899,000
1676 Virginia Ave S
Saint Louis Park MN 55426
4 beds, 2.5 baths, 2,895 sqft
1676 Virginia Ave S is a 4 beds, 2.5 baths, 2,895 sqft single family home for sale at $899,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,500/mo and returns -$3,918/mo a month at a 1.4% 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
- -$3,918/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.1%
- Max offer
- $299,000
Offer ≤ $299,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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