For saleSingle family
$885,000
12015 July Ave N
Hugo MN 55038
4 beds, 3 baths, 3,744 sqft
12015 July Ave N is a 4 beds, 3 baths, 3,744 sqft single family home for sale at $885,000 in Hugo MN 55038. At 20% down it rents for an estimated $3,475/mo and returns -$2,843/mo a month at a 2.8% 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
- $3,475/mo
- Monthly cash flow
- -$2,843/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.3%
- Max offer
- $413,000
Offer ≤ $413,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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