For saleSingle family
$875,000
111 11th Ave N
Hopkins MN 55343
4 beds, 4 baths, 2,710 sqft
111 11th Ave N is a 4 beds, 4 baths, 2,710 sqft single family home for sale at $875,000 in Hopkins MN 55343. At 20% down it rents for an estimated $3,150/mo and returns -$3,096/mo a month at a 2.4% 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
- $3,150/mo
- Monthly cash flow
- -$3,096/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.2%
- Max offer
- $375,000
Offer ≤ $375,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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