For saleSingle family
$695,000
2631 Burd Pl
Saint Louis Park MN 55426
5 beds, 3 baths, 2,804 sqft
2631 Burd Pl is a 5 beds, 3 baths, 2,804 sqft single family home for sale at $695,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,725/mo and returns -$2,236/mo a month at a 2.8% 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
- $2,725/mo
- Monthly cash flow
- -$2,236/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.3%
- Max offer
- $324,000
Offer ≤ $324,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading