For saleSingle family
$825,000
3225 6th Ave N
Orono MN 55356
4 beds, 3 baths, 2,341 sqft
3225 6th Ave N is a 4 beds, 3 baths, 2,341 sqft single family home for sale at $825,000 in Orono MN 55356. At 20% down it rents for an estimated $3,350/mo and returns -$2,539/mo a month at a 3.0% 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
- $3,350/mo
- Monthly cash flow
- -$2,539/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.5%
- Max offer
- $398,000
Offer ≤ $398,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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