For saleSingle family

$419,900

6712 Washburn Ave S

Richfield MN 55423

4 beds, 2 baths, 2,098 sqft

6712 Washburn Ave S is a 4 beds, 2 baths, 2,098 sqft single family home for sale at $419,900 in Richfield MN 55423. At 20% down it rents for an estimated $3,800/mo and returns $855/mo a month at a 9.0% 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
$3,800/mo
Monthly cash flow
$855/mo
Cap rate
9.0%
Cash-on-cash
12.2%
Max offer
$419,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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