For saleSingle family
$299,000
3236 Indiana Ave N
Robbinsdale MN 55422
3 beds, 1 bath, 1,480 sqft
3236 Indiana Ave N is a 3 beds, 1 bath, 1,480 sqft single family home for sale at $299,000 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,250/mo and returns $153/mo a month at a 7.1% 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
- $2,250/mo
- Monthly cash flow
- $153/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 3.1%
- Max offer
- $269,500
Offer ≤ $269,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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