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.

Loading