For saleSingle family
$425,000
651 Allen Ave
Little Canada MN 55117
3 beds, 2 baths, 2,075 sqft
651 Allen Ave is a 3 beds, 2 baths, 2,075 sqft single family home for sale at $425,000 in Little Canada MN 55117. At 20% down it rents for an estimated $2,325/mo and returns -$709/mo a month at a 4.7% 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
- $2,325/mo
- Monthly cash flow
- -$709/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.0%
- Max offer
- $275,000
Offer ≤ $275,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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