For saleSingle family
$364,900
2408 W 65 1/2 St
Richfield MN 55423
4 beds, 2 baths, 2,258 sqft
2408 W 65 1/2 St is a 4 beds, 2 baths, 2,258 sqft single family home for sale at $364,900 in Richfield MN 55423. At 20% down it rents for an estimated $3,800/mo and returns $1,195/mo a month at a 10.6% 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
- $3,800/mo
- Monthly cash flow
- $1,195/mo
- Cap rate
- 10.6%
- Cash-on-cash
- 19.7%
- Max offer
- $364,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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