For saleMulti-family
$439,000
5301 Edgewood Dr
Mounds View MN 55112
5 beds, 2 baths, 2,284 sqft
5301 Edgewood Dr is a 5 beds, 2 baths, 2,284 sqft multi-family home for sale at $439,000 in Mounds View MN 55112. At 20% down it rents for an estimated $3,350/mo and returns $216/mo a month at a 7.3% 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
- $3,350/mo
- Monthly cash flow
- $216/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $395,500
Offer ≤ $395,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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