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 $2,300/mo and returns $338/mo a month at a 8.1% 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
- $2,300/mo
- Monthly cash flow
- $338/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.4%
- Max offer
- $271,500
Offer ≤ $271,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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