For saleSingle family

$412,000

3001 29th Ave NE

Saint Anthony MN 55418

4 beds, 2 baths, 1,857 sqft

3001 29th Ave NE is a 4 beds, 2 baths, 1,857 sqft single family home for sale at $412,000 in Saint Anthony MN 55418. At 20% down it rents for an estimated $2,400/mo and returns -$541/mo a month at a 5.1% 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
$2,400/mo
Monthly cash flow
-$541/mo
Cap rate
5.1%
Cash-on-cash
-7.9%
Max offer
$284,000

Offer ≤ $284,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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