For saleSingle family
$299,900
4042 Nevada Ave N
New Hope MN 55427
4 beds, 2 baths, 1,362 sqft
4042 Nevada Ave N is a 4 beds, 2 baths, 1,362 sqft single family home for sale at $299,900 in New Hope MN 55427. At 20% down it rents for an estimated $2,725/mo and returns $584/mo a month at a 9.0% 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
- $584/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.7%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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