For saleSingle family
$374,900
4450 38th Ave N
Robbinsdale MN 55422
6 beds, 4 baths, 2,168 sqft
4450 38th Ave N is a 6 beds, 4 baths, 2,168 sqft single family home for sale at $374,900 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,975/mo and returns $299/mo a month at a 7.6% 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
- $2,975/mo
- Monthly cash flow
- $299/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $351,000
Offer ≤ $351,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading