For saleSingle family
$250,000
1140 Griffin Ave
Mahtomedi MN 55115
3 beds, 1 bath, 1,543 sqft
1140 Griffin Ave is a 3 beds, 1 bath, 1,543 sqft single family home for sale at $250,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $2,825/mo and returns $1,040/mo a month at a 11.7% 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
- $2,825/mo
- Monthly cash flow
- $1,040/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.0%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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