For saleSingle family
$325,000
7125 1st Ave S
Richfield MN 55423
4 beds, 1.5 baths, 1,769 sqft
7125 1st Ave S is a 4 beds, 1.5 baths, 1,769 sqft single family home for sale at $325,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,575/mo and returns $296/mo a month at a 7.6% 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
- $2,575/mo
- Monthly cash flow
- $296/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.5%
- Max offer
- $308,500
Offer ≤ $308,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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