For saleSingle family
$349,900
3701 Flag Ave N
New Hope MN 55427
4 beds, 1.5 baths, 1,642 sqft
3701 Flag Ave N is a 4 beds, 1.5 baths, 1,642 sqft single family home for sale at $349,900 in New Hope MN 55427. At 20% down it rents for an estimated $2,725/mo and returns $271/mo a month at a 7.4% 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
- $2,725/mo
- Monthly cash flow
- $271/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.6%
- Max offer
- $326,500
Offer ≤ $326,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.