For saleSingle family
$515,000
14512 Kipling Ave S
Savage MN 55378
5 beds, 4 baths, 2,810 sqft
14512 Kipling Ave S is a 5 beds, 4 baths, 2,810 sqft single family home for sale at $515,000 in Savage MN 55378. At 20% down it rents for an estimated $2,950/mo and returns -$726/mo a month at a 5.0% 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
- $2,950/mo
- Monthly cash flow
- -$726/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $349,000
Offer ≤ $349,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading