For saleSingle family

$339,900

666 3rd Ave NW

New Brighton MN 55112

3 beds, 1 bath, 1,435 sqft

666 3rd Ave NW is a 3 beds, 1 bath, 1,435 sqft single family home for sale at $339,900 in New Brighton MN 55112. At 20% down it rents for an estimated $2,425/mo and returns $41/mo a month at a 6.7% 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
$2,425/mo
Monthly cash flow
$41/mo
Cap rate
6.7%
Cash-on-cash
0.7%
Max offer
$290,500

Offer ≤ $290,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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