For saleSingle family
$575,000
2709 Lynn Ave
Saint Louis Park MN 55416
2 beds, 2 baths, 1,884 sqft
2709 Lynn Ave is a 2 beds, 2 baths, 1,884 sqft single family home for sale at $575,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $2,000/mo and returns -$2,105/mo a month at a 2.3% 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
- $2,000/mo
- Monthly cash flow
- -$2,105/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -22.0%
- Max offer
- $238,000
Offer ≤ $238,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading