For saleSingle family

$409,900

3109 Oregon Ave S

Saint Louis Park MN 55426

3 beds, 1 bath, 1,303 sqft

3109 Oregon Ave S is a 3 beds, 1 bath, 1,303 sqft single family home for sale at $409,900 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,150/mo and returns -$776/mo a month at a 4.4% 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
$2,150/mo
Monthly cash flow
-$776/mo
Cap rate
4.4%
Cash-on-cash
-11.4%
Max offer
$254,500

Offer ≤ $254,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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