For saleSingle family
$299,900
4002 Nevada Ave N
New Hope MN 55427
4 beds, 2 baths, 1,600 sqft
4002 Nevada Ave N is a 4 beds, 2 baths, 1,600 sqft single family home for sale at $299,900 in New Hope MN 55427. At 20% down it rents for an estimated $2,650/mo and returns $547/mo a month at a 8.7% 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
- $2,650/mo
- Monthly cash flow
- $547/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.9%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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