For saleSingle family
$320,000
5225 Pennsylvania Ave N
New Hope MN 55428
4 beds, 1 bath, 1,313 sqft
5225 Pennsylvania Ave N is a 4 beds, 1 bath, 1,313 sqft single family home for sale at $320,000 in New Hope MN 55428. At 20% down it rents for an estimated $2,625/mo and returns $341/mo a month at a 7.9% 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
- $2,625/mo
- Monthly cash flow
- $341/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.4%
- Max offer
- $309,500
Offer ≤ $309,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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