For saleSingle family
$415,000
13585 Vernon Ave
Savage MN 55378
2 beds, 2 baths, 1,946 sqft
13585 Vernon Ave is a 2 beds, 2 baths, 1,946 sqft single family home for sale at $415,000 in Savage MN 55378. At 20% down it rents for an estimated $1,750/mo and returns -$1,213/mo a month at a 3.2% 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
- $1,750/mo
- Monthly cash flow
- -$1,213/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.5%
- Max offer
- $207,500
Offer ≤ $207,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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