For saleSingle family
$269,000
2713 Meridian Dr
Robbinsdale MN 55422
3 beds, 1 bath, 945 sqft
2713 Meridian Dr is a 3 beds, 1 bath, 945 sqft single family home for sale at $269,000 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,000/mo and returns $113/mo a month at a 7.0% 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
- $2,000/mo
- Monthly cash flow
- $113/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.5%
- Max offer
- $239,500
Offer ≤ $239,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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