For saleSingle family

$350,000

8234 109th Pl N

Champlin MN 55316

4 beds, 2 baths, 2,118 sqft

8234 109th Pl N is a 4 beds, 2 baths, 2,118 sqft single family home for sale at $350,000 in Champlin MN 55316. At 20% down it rents for an estimated $2,900/mo and returns $445/mo a month at a 8.0% 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
$2,900/mo
Monthly cash flow
$445/mo
Cap rate
8.0%
Cash-on-cash
7.6%
Max offer
$347,000

Offer ≤ $347,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.