For saleSingle family

$299,900

2841 Blackstone Ave

Saint Louis Park MN 55416

4 beds, 2 baths, 1,287 sqft

2841 Blackstone Ave is a 4 beds, 2 baths, 1,287 sqft single family home for sale at $299,900 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $3,050/mo and returns $947/mo a month at a 10.3% 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
$3,050/mo
Monthly cash flow
$947/mo
Cap rate
10.3%
Cash-on-cash
18.9%
Max offer
$299,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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