For saleSingle family
$469,000
621 5th Ave S
Hopkins MN 55343
4 beds, 2 baths, 1,656 sqft
621 5th Ave S is a 4 beds, 2 baths, 1,656 sqft single family home for sale at $469,000 in Hopkins MN 55343. At 20% down it rents for an estimated $3,200/mo and returns -$148/mo a month at a 6.3% 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
- $3,200/mo
- Monthly cash flow
- -$148/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $378,000
Offer ≤ $378,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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