For saleSingle family
$339,000
30240 Neal Ave
Lindstrom MN 55045
4 beds, 2 baths, 1,630 sqft
30240 Neal Ave is a 4 beds, 2 baths, 1,630 sqft single family home for sale at $339,000 in Lindstrom MN 55045. At 20% down it rents for an estimated $2,600/mo and returns $222/mo a month at a 7.3% 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
- $2,600/mo
- Monthly cash flow
- $222/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.9%
- Max offer
- $311,500
Offer ≤ $311,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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