For saleMulti-family
$379,900
1247 167th Ave NE
Ham Lake MN 55304
5 beds, 2 baths, 1,914 sqft
1247 167th Ave NE is a 5 beds, 2 baths, 1,914 sqft multi-family home for sale at $379,900 in Ham Lake MN 55304. At 20% down it rents for an estimated $3,100/mo and returns $388/mo a month at a 7.9% 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
- $3,100/mo
- Monthly cash flow
- $388/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.1%
- Max offer
- $366,000
Offer ≤ $366,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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