For saleSingle family

$425,000

230 Mahtomedi Ave

Mahtomedi MN 55115

4 beds, 3 baths, 1,966 sqft

230 Mahtomedi Ave is a 4 beds, 3 baths, 1,966 sqft single family home for sale at $425,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,375/mo and returns $394/mo a month at a 7.6% 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
$3,375/mo
Monthly cash flow
$394/mo
Cap rate
7.6%
Cash-on-cash
5.6%
Max offer
$404,000

Offer ≤ $404,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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