For saleSingle family
$310,000
7427 Humboldt Ave S
Richfield MN 55423
3 beds, 1 bath, 1,206 sqft
7427 Humboldt Ave S is a 3 beds, 1 bath, 1,206 sqft single family home for sale at $310,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,600/mo and returns $387/mo a month at a 8.2% 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
- $387/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $306,500
Offer ≤ $306,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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