For saleSingle family
$299,900
5563 Main Ave NE
Albertville MN 55301
3 beds, 2 baths, 1,901 sqft
5563 Main Ave NE is a 3 beds, 2 baths, 1,901 sqft single family home for sale at $299,900 in Albertville MN 55301. At 20% down it rents for an estimated $3,225/mo and returns $1,122/mo a month at a 11.0% 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
- $3,225/mo
- Monthly cash flow
- $1,122/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 22.4%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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