For saleTownhouse

$275,000

2744 State Ave

Anoka MN 55303

4 beds, 2.5 baths, 2,120 sqft

2744 State Ave is a 4 beds, 2.5 baths, 2,120 sqft townhouse home for sale at $275,000 in Anoka MN 55303. At 20% down it rents for an estimated $2,800/mo and returns $772/mo a month at a 9.9% 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
$772/mo
Cap rate
9.9%
Cash-on-cash
16.8%
Max offer
$275,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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