For saleSingle family
$319,900
525 79th Ave NE
Spring Lake Park MN 55432
3 beds, 1 bath, 2,066 sqft
525 79th Ave NE is a 3 beds, 1 bath, 2,066 sqft single family home for sale at $319,900 in Spring Lake Park MN 55432. At 20% down it rents for an estimated $2,075/mo and returns -$209/mo a month at a 5.9% 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
- $2,075/mo
- Monthly cash flow
- -$209/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.9%
- Max offer
- $245,000
Offer ≤ $245,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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