For saleSingle family

$299,000

6921 W 24th St

Saint Louis Park MN 55426

3 beds, 3 baths, 1,417 sqft

6921 W 24th St is a 3 beds, 3 baths, 1,417 sqft single family home for sale at $299,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,400/mo and returns $303/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
$2,400/mo
Monthly cash flow
$303/mo
Cap rate
7.7%
Cash-on-cash
6.1%
Max offer
$287,500

Offer ≤ $287,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.