For saleSingle family
$375,000
262 Demar Ave
Shoreview MN 55126
3 beds, 2 baths, 1,977 sqft
262 Demar Ave is a 3 beds, 2 baths, 1,977 sqft single family home for sale at $375,000 in Shoreview MN 55126. At 20% down it rents for an estimated $2,450/mo and returns -$227/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
- $2,450/mo
- Monthly cash flow
- -$227/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.6%
- Max offer
- $289,500
Offer ≤ $289,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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