For saleSingle family
$384,900
6314 Vincent Ave S
Richfield MN 55423
3 beds, 2 baths, 2,268 sqft
6314 Vincent Ave S is a 3 beds, 2 baths, 2,268 sqft single family home for sale at $384,900 in Richfield MN 55423. At 20% down it rents for an estimated $2,450/mo and returns -$298/mo a month at a 5.7% 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
- -$298/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.6%
- Max offer
- $289,500
Offer ≤ $289,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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