For saleSingle family
$370,000
3316 Chowen Ave N
Robbinsdale MN 55422
4 beds, 2 baths, 1,572 sqft
3316 Chowen Ave N is a 4 beds, 2 baths, 1,572 sqft single family home for sale at $370,000 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,600/mo and returns -$41/mo a month at a 6.5% 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
- $2,600/mo
- Monthly cash flow
- -$41/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.7%
- Max offer
- $307,000
Offer ≤ $307,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading