For saleSingle family

$349,000

7433 12th Ave S

Richfield MN 55423

4 beds, 2 baths, 2,002 sqft

7433 12th Ave S is a 4 beds, 2 baths, 2,002 sqft single family home for sale at $349,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,800/mo and returns $352/mo a month at a 7.7% 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
$2,800/mo
Monthly cash flow
$352/mo
Cap rate
7.7%
Cash-on-cash
6.1%
Max offer
$335,000

Offer ≤ $335,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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