For saleMulti-family
$600,000
6024 W 35th St
Saint Louis Park MN 55416
7 beds, 4 baths, 2,830 sqft
6024 W 35th St is a 7 beds, 4 baths, 2,830 sqft multi-family home for sale at $600,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $7,150/mo and returns $3,039/mo a month at a 12.4% 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
- $7,150/mo
- Monthly cash flow
- $3,039/mo
- Cap rate
- 12.4%
- Cash-on-cash
- 30.4%
- Max offer
- $600,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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