For saleMulti-family

$299,000

4365 Warren Ave

Spring Park MN 55384

2 beds, 2 baths, 1,706 sqft

4365 Warren Ave is a 2 beds, 2 baths, 1,706 sqft multi-family home for sale at $299,000 in Spring Park MN 55384. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family22d on market

$299,000

4365 Warren Ave

Spring Park MN 55384

2 beds2 baths1,706 sqft
99
Deal score
Est. rent (unverified)
$4,475/mo
Cash flow
$2,631/mo
Cap rate
16.4%
Cash-on-cash
42.2%
Max offer
$299,000
Rental verdict

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Pro forma

Cash flow
$2,631/mo
Cap rate
16.4%
Cash-on-cash
42.2%
DSCR
2.82
Down payment25.0% · $74,750
Interest rate6.69%
Monthly rent$4,475/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $1,029/mo for management, vacancy, maintenance and CapEx) would put cash flow at $1,602/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$1,446
  • Property tax$299
  • Insurance$100
  • Total payment$1,844/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$74,750
  • Closing costs (~3%: title, lender, prepaid escrow)$8,970
  • Reserves (2 months of payments)$3,688
  • Total cash to close$87,408

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

4365 Warren Ave in context — the streets, water and amenities around it.

Street View ↗

Property details

4365 Warren Ave · Spring Park MN 55384

Beds
2
Baths
2
Square feet
1,706
Price / sqft
$175
Home type
Fourplex
Days on market
22 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.