For saleMulti-family
$595,000
5727 Goodrich Ave
Saint Louis Park MN 55416
6 beds, 2 baths, 2,810 sqft
5727 Goodrich Ave is a 6 beds, 2 baths, 2,810 sqft multi-family home for sale at $595,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $6,850/mo and returns $2,602/mo a month at a 11.9% 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
- $6,850/mo
- Monthly cash flow
- $2,602/mo
- Cap rate
- 11.9%
- Cash-on-cash
- 26.2%
- Max offer
- $595,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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