For saleSingle family

$274,900

5406 Utah Ave N

New Hope MN 55428

3 beds, 1 bath, 1,575 sqft

5406 Utah Ave N is a 3 beds, 1 bath, 1,575 sqft single family home for sale at $274,900 in New Hope MN 55428. At 20% down it rents for an estimated $2,400/mo and returns $472/mo a month at a 8.6% 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
$2,400/mo
Monthly cash flow
$472/mo
Cap rate
8.6%
Cash-on-cash
10.3%
Max offer
$274,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.