For saleSingle family

$399,900

680 Hiawatha Ave

Vadnais Heights MN 55127

4 beds, 2 baths, 1,758 sqft

680 Hiawatha Ave is a 4 beds, 2 baths, 1,758 sqft single family home for sale at $399,900 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $3,075/mo and returns $220/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
$3,075/mo
Monthly cash flow
$220/mo
Cap rate
7.3%
Cash-on-cash
3.3%
Max offer
$363,000

Offer ≤ $363,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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