For saleSingle family
$379,990
3029 Idaho Ave S
Saint Louis Park MN 55426
3 beds, 1 bath, 1,764 sqft
3029 Idaho Ave S is a 3 beds, 1 bath, 1,764 sqft single family home for sale at $379,990 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,150/mo and returns -$563/mo a month at a 4.9% 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
- $2,150/mo
- Monthly cash flow
- -$563/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.9%
- Max offer
- $254,500
Offer ≤ $254,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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