For saleSingle family
$274,900
7209 Queen Ave S
Richfield MN 55423
3 beds, 1 bath, 900 sqft
7209 Queen Ave S is a 3 beds, 1 bath, 900 sqft single family home for sale at $274,900 in Richfield MN 55423. At 20% down it rents for an estimated $2,600/mo and returns $638/mo a month at a 9.4% 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
- $638/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.9%
- Max offer
- $274,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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