For saleSingle family

$225,000

3815 174th Ave NW

Andover MN 55304

3 beds, 1 bath, 960 sqft

3815 174th Ave NW is a 3 beds, 1 bath, 960 sqft single family home for sale at $225,000 in Andover MN 55304. At 20% down it rents for an estimated $2,500/mo and returns $894/mo a month at a 11.4% 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
$2,500/mo
Monthly cash flow
$894/mo
Cap rate
11.4%
Cash-on-cash
23.8%
Max offer
$225,000

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

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