For saleSingle family

$299,900

3720 232nd Ave NW

Saint Francis MN 55070

3 beds, 2 baths, 1,249 sqft

3720 232nd Ave NW is a 3 beds, 2 baths, 1,249 sqft single family home for sale at $299,900 in Saint Francis MN 55070. At 20% down it rents for an estimated $2,500/mo and returns $359/mo a month at a 8.1% 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
$2,500/mo
Monthly cash flow
$359/mo
Cap rate
8.1%
Cash-on-cash
7.2%
Max offer
$295,000

Offer ≤ $295,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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