For saleSingle family

$299,900

801 38th Ave

Anoka MN 55303

4 beds, 1 bath, 1,584 sqft

801 38th Ave is a 4 beds, 1 bath, 1,584 sqft single family home for sale at $299,900 in Anoka MN 55303. At 20% down it rents for an estimated $2,675/mo and returns $572/mo a month at a 8.8% 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
$2,675/mo
Monthly cash flow
$572/mo
Cap rate
8.8%
Cash-on-cash
11.4%
Max offer
$299,900

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

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