For saleSingle family
$999,900
1130 Griffin Ave
Mahtomedi MN 55115
4 beds, 4 baths, 3,051 sqft
1130 Griffin Ave is a 4 beds, 4 baths, 3,051 sqft single family home for sale at $999,900 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,500/mo and returns -$3,638/mo a month at a 2.3% 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
- $3,500/mo
- Monthly cash flow
- -$3,638/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.8%
- Max offer
- $416,500
Offer ≤ $416,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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