For saleSingle family
$364,900
950 22nd Ave NW
New Brighton MN 55112
3 beds, 2 baths, 1,543 sqft
950 22nd Ave NW is a 3 beds, 2 baths, 1,543 sqft single family home for sale at $364,900 in New Brighton MN 55112. At 20% down it rents for an estimated $1,450/mo and returns -$1,155/mo a month at a 2.9% 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
- $1,450/mo
- Monthly cash flow
- -$1,155/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -19.0%
- Max offer
- $172,000
Offer ≤ $172,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading