For saleSingle family

$235,000

1315 Flag Ave S

Saint Louis Park MN 55426

3 beds, 2 baths, 1,580 sqft

1315 Flag Ave S is a 3 beds, 2 baths, 1,580 sqft single family home for sale at $235,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,150/mo and returns $472/mo a month at a 9.1% 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
$2,150/mo
Monthly cash flow
$472/mo
Cap rate
9.1%
Cash-on-cash
12.1%
Max offer
$235,000

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

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