For saleSingle family
$330,000
5391 Raymond Ave
Mounds View MN 55112
3 beds, 2 baths, 1,504 sqft
5391 Raymond Ave is a 3 beds, 2 baths, 1,504 sqft single family home for sale at $330,000 in Mounds View MN 55112. At 20% down it rents for an estimated $2,100/mo and returns -$256/mo a month at a 5.7% 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
- $2,100/mo
- Monthly cash flow
- -$256/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.7%
- Max offer
- $248,000
Offer ≤ $248,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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