For saleSingle family
$400,000
1218 5th Ave
Anoka MN 55303
2 beds, 2 baths, 1,710 sqft
1218 5th Ave is a 2 beds, 2 baths, 1,710 sqft single family home for sale at $400,000 in Anoka MN 55303. At 20% down it rents for an estimated $1,350/mo and returns -$1,506/mo a month at a 2.1% 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
- $1,350/mo
- Monthly cash flow
- -$1,506/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.6%
- Max offer
- $160,500
Offer ≤ $160,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading