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 $3,200/mo and returns $571/mo a month at a 8.3% 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
$3,200/mo
Monthly cash flow
$571/mo
Cap rate
8.3%
Cash-on-cash
9.1%
Max offer
$374,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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