For saleMulti-family

$375,000

3127 Silver Lake Rd NE

Saint Anthony MN 55418

4 beds, 2 baths, 1,508 sqft

3127 Silver Lake Rd NE is a 4 beds, 2 baths, 1,508 sqft multi-family home for sale at $375,000 in Saint Anthony MN 55418. At 20% down it rents for an estimated $4,200/mo and returns $1,523/mo a month at a 11.5% 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
$4,200/mo
Monthly cash flow
$1,523/mo
Cap rate
11.5%
Cash-on-cash
24.4%
Max offer
$375,000

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

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