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 $2,525/mo and returns $205/mo a month at a 7.4% 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
- $2,525/mo
- Monthly cash flow
- $205/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $298,000
Offer ≤ $298,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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