For saleSingle family

$510,000

343 Foster Ave

Carver MN 55315

5 beds, 3.5 baths, 3,961 sqft

343 Foster Ave is a 5 beds, 3.5 baths, 3,961 sqft single family home for sale at $510,000 in Carver MN 55315. At 20% down it rents for an estimated $3,600/mo and returns $23/mo a month at a 6.6% 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
$3,600/mo
Monthly cash flow
$23/mo
Cap rate
6.6%
Cash-on-cash
0.3%
Max offer
$431,500

Offer ≤ $431,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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