For saleSingle family
$450,000
2908 Hampshire Ave S
Saint Louis Park MN 55426
3 beds, 3 baths, 2,080 sqft
2908 Hampshire Ave S is a 3 beds, 3 baths, 2,080 sqft single family home for sale at $450,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,200/mo and returns -$1,012/mo a month at a 4.0% 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
- $2,200/mo
- Monthly cash flow
- -$1,012/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.5%
- Max offer
- $260,500
Offer ≤ $260,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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