For saleSingle family
$360,000
412 Garfield Ave
Champlin MN 55316
3 beds, 2 baths, 1,857 sqft
412 Garfield Ave is a 3 beds, 2 baths, 1,857 sqft single family home for sale at $360,000 in Champlin MN 55316. At 20% down it rents for an estimated $1,500/mo and returns -$1,070/mo a month at a 3.1% 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
- $1,500/mo
- Monthly cash flow
- -$1,070/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.8%
- Max offer
- $178,000
Offer ≤ $178,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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