For saleSingle family
$335,000
3415 Grimes Ave N
Robbinsdale MN 55422
4 beds, 2.5 baths, 1,747 sqft
3415 Grimes Ave N is a 4 beds, 2.5 baths, 1,747 sqft single family home for sale at $335,000 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,575/mo and returns $225/mo a month at a 7.3% 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
- $2,575/mo
- Monthly cash flow
- $225/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.0%
- Max offer
- $308,500
Offer ≤ $308,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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