For saleSingle family
$499,900
1417 18th St NW
New Brighton MN 55112
4 beds, 4 baths, 3,400 sqft
1417 18th St NW is a 4 beds, 4 baths, 3,400 sqft single family home for sale at $499,900 in New Brighton MN 55112. At 20% down it rents for an estimated $2,600/mo and returns -$969/mo a month at a 4.3% 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
- $2,600/mo
- Monthly cash flow
- -$969/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.6%
- Max offer
- $308,000
Offer ≤ $308,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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