For saleSingle family
$399,900
129 19th Ave N
Hopkins MN 55343
2 beds, 2 baths, 1,368 sqft
129 19th Ave N is a 2 beds, 2 baths, 1,368 sqft single family home for sale at $399,900 in Hopkins MN 55343. At 20% down it rents for an estimated $1,600/mo and returns -$1,255/mo a month at a 2.9% 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
- $1,600/mo
- Monthly cash flow
- -$1,255/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $190,000
Offer ≤ $190,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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