For saleSingle family
$1,125,000
3529 Green Ridge Rd
Hopkins MN 55305
5 beds, 5 baths, 4,357 sqft
3529 Green Ridge Rd is a 5 beds, 5 baths, 4,357 sqft single family home for sale at $1,125,000 in Hopkins MN 55305. At 20% down it rents for an estimated $3,000/mo and returns -$5,031/mo a month at a 1.3% 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
- $3,000/mo
- Monthly cash flow
- -$5,031/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -26.8%
- Max offer
- $359,000
Offer ≤ $359,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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