For saleSingle family
$274,900
4043 74th St E
Inver Grove Heights MN 55076
3 beds, 1 bath, 1,018 sqft
4043 74th St E is a 3 beds, 1 bath, 1,018 sqft single family home for sale at $274,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,200/mo and returns $238/mo a month at a 7.7% 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
- $2,200/mo
- Monthly cash flow
- $238/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $259,500
Offer ≤ $259,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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