For saleSingle family
$379,900
1424 18th Ave NW
New Brighton MN 55112
3 beds, 2 baths, 1,579 sqft
1424 18th Ave NW is a 3 beds, 2 baths, 1,579 sqft single family home for sale at $379,900 in New Brighton MN 55112. At 20% down it rents for an estimated $1,950/mo and returns -$762/mo a month at a 4.3% 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
- $1,950/mo
- Monthly cash flow
- -$762/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $231,000
Offer ≤ $231,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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