For saleSingle family
$330,000
7901 37th Ave N
New Hope MN 55427
4 beds, 3 baths, 2,150 sqft
7901 37th Ave N is a 4 beds, 3 baths, 2,150 sqft single family home for sale at $330,000 in New Hope MN 55427. At 20% down it rents for an estimated $2,800/mo and returns $444/mo a month at a 8.3% 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
- $2,800/mo
- Monthly cash flow
- $444/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.1%
- Max offer
- $330,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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