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 $2,650/mo and returns $406/mo a month at a 8.0% 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
$2,650/mo
Monthly cash flow
$406/mo
Cap rate
8.0%
Cash-on-cash
7.6%
Max offer
$317,000

Offer ≤ $317,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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