For saleTownhouse
$225,000
600 78th Ave NE
Spring Lake Park MN 55432
2 beds, 1 bath, 1,350 sqft
600 78th Ave NE is a 2 beds, 1 bath, 1,350 sqft townhouse home for sale at $225,000 in Spring Lake Park MN 55432. At 20% down it rents for an estimated $1,275/mo and returns -$483/mo a month at a 4.1% 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
- $1,275/mo
- Monthly cash flow
- -$483/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.9%
- Max offer
- $127,500
Offer ≤ $127,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading