For saleSingle family

$414,900

2804 Blackstone Ave

Saint Louis Park MN 55416

4 beds, 2 baths, 1,343 sqft

2804 Blackstone Ave is a 4 beds, 2 baths, 1,343 sqft single family home for sale at $414,900 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $3,000/mo and returns $90/mo a month at a 6.8% 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
$3,000/mo
Monthly cash flow
$90/mo
Cap rate
6.8%
Cash-on-cash
1.3%
Max offer
$359,500

Offer ≤ $359,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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