For saleSingle family

$400,000

11510 3rd Ave N

Plymouth MN 55441

3 beds, 2 baths, 1,730 sqft

11510 3rd Ave N is a 3 beds, 2 baths, 1,730 sqft single family home for sale at $400,000 in Plymouth MN 55441. At 20% down it rents for an estimated $2,025/mo and returns -$831/mo a month at a 4.2% 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
-$831/mo
Cap rate
4.2%
Cash-on-cash
-12.5%
Max offer
$240,000

Offer ≤ $240,000 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading