For saleSingle family
$285,000
3341 Dakota Ave S
Saint Louis Park MN 55416
2 beds, 1 bath, 1,143 sqft
3341 Dakota Ave S is a 2 beds, 1 bath, 1,143 sqft single family home for sale at $285,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $1,925/mo and returns -$110/mo a month at a 6.2% 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
- $1,925/mo
- Monthly cash flow
- -$110/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.3%
- Max offer
- $227,500
Offer ≤ $227,500 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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