For saleTownhouse
$229,000
7211 W Franklin Ave
Saint Louis Park MN 55426
2 beds, 1.5 baths, 1,390 sqft
7211 W Franklin Ave is a 2 beds, 1.5 baths, 1,390 sqft townhouse home for sale at $229,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $1,725/mo and returns -$229/mo a month at a 5.5% 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
- $1,725/mo
- Monthly cash flow
- -$229/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.0%
- Max offer
- $162,500
Offer ≤ $162,500 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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