For saleSingle family
$450,000
98 Australian Ave
Little Canada MN 55117
4 beds, 3 baths, 2,150 sqft
98 Australian Ave is a 4 beds, 3 baths, 2,150 sqft single family home for sale at $450,000 in Little Canada MN 55117. At 20% down it rents for an estimated $2,600/mo and returns -$612/mo a month at a 5.0% 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
- $2,600/mo
- Monthly cash flow
- -$612/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.2%
- Max offer
- $307,500
Offer ≤ $307,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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