For saleSingle family

$179,900

444 9th Ave NW

New Brighton MN 55112

1 bed, 1 bath, 578 sqft

444 9th Ave NW is a 1 bed, 1 bath, 578 sqft single family home for sale at $179,900 in New Brighton MN 55112. At 20% down it rents for an estimated $1,050/mo and returns -$234/mo a month at a 5.1% 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
$1,050/mo
Monthly cash flow
-$234/mo
Cap rate
5.1%
Cash-on-cash
-7.8%
Max offer
$124,000

Offer ≤ $124,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading