For saleSingle family
$264,900
7433 Park Ave
Richfield MN 55423
4 beds, 1.5 baths, 1,430 sqft
7433 Park Ave is a 4 beds, 1.5 baths, 1,430 sqft single family home for sale at $264,900 in Richfield MN 55423. At 20% down it rents for an estimated $2,400/mo and returns $509/mo a month at a 9.0% 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
- $2,400/mo
- Monthly cash flow
- $509/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $264,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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