For saleSingle family
$439,900
526 Elaine Ave
Shoreview MN 55126
2 beds, 1 bath, 1,150 sqft
526 Elaine Ave is a 2 beds, 1 bath, 1,150 sqft single family home for sale at $439,900 in Shoreview MN 55126. At 20% down it rents for an estimated $2,025/mo and returns -$1,115/mo a month at a 3.6% 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
- $2,025/mo
- Monthly cash flow
- -$1,115/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.2%
- Max offer
- $240,000
Offer ≤ $240,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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