For saleSingle family
$675,000
157 Ideal Ave N
Mahtomedi MN 55115
3 beds, 2 baths, 2,211 sqft
157 Ideal Ave N is a 3 beds, 2 baths, 2,211 sqft single family home for sale at $675,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $2,450/mo and returns -$2,369/mo a month at a 2.5% 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
- $2,450/mo
- Monthly cash flow
- -$2,369/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -21.1%
- Max offer
- $291,500
Offer ≤ $291,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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