For saleSingle family
$499,900
95 15th Ave SW
New Brighton MN 55112
4 beds, 3 baths, 2,198 sqft
95 15th Ave SW is a 4 beds, 3 baths, 2,198 sqft single family home for sale at $499,900 in New Brighton MN 55112. At 20% down it rents for an estimated $2,525/mo and returns -$1,044/mo a month at a 4.2% 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
- $2,525/mo
- Monthly cash flow
- -$1,044/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.5%
- Max offer
- $299,000
Offer ≤ $299,000 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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