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 $2,750/mo and returns $892/mo a month at a 10.6% 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
$2,750/mo
Monthly cash flow
$892/mo
Cap rate
10.6%
Cash-on-cash
20.2%
Max offer
$264,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.