For saleSingle family
$395,000
1913 Independence Ave N
Golden Valley MN 55427
4 beds, 2 baths, 1,641 sqft
1913 Independence Ave N is a 4 beds, 2 baths, 1,641 sqft single family home for sale at $395,000 in Golden Valley MN 55427. At 20% down it rents for an estimated $2,500/mo and returns -$320/mo a month at a 5.7% 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
- $2,500/mo
- Monthly cash flow
- -$320/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.9%
- Max offer
- $295,500
Offer ≤ $295,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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