For saleSingle family
$479,000
19824 Embers Ave
Farmington MN 55024
5 beds, 3 baths, 2,550 sqft
19824 Embers Ave is a 5 beds, 3 baths, 2,550 sqft single family home for sale at $479,000 in Farmington MN 55024. At 20% down it rents for an estimated $3,700/mo and returns $281/mo a month at a 7.4% 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
- $3,700/mo
- Monthly cash flow
- $281/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.5%
- Max offer
- $437,000
Offer ≤ $437,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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