For saleTwin home
$300,000
4100 Jordan Ave N
New Hope MN 55427
3 beds, 2 baths, 1,595 sqft
4100 Jordan Ave N is a 3 beds, 2 baths, 1,595 sqft twin home home for sale at $300,000 in New Hope MN 55427. At 20% down it rents for an estimated $2,350/mo and returns $208/mo a month at a 7.5% 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
- $2,350/mo
- Monthly cash flow
- $208/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $277,500
Offer ≤ $277,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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