For saleSingle family
$279,900
2292 Hennepin Ave N
Glencoe MN 55336
4 beds, 2.5 baths, 2,962 sqft
2292 Hennepin Ave N is a 4 beds, 2.5 baths, 2,962 sqft single family home for sale at $279,900 in Glencoe MN 55336. At 20% down it rents for an estimated $3,025/mo and returns $1,062/mo a month at a 11.1% 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
- $3,025/mo
- Monthly cash flow
- $1,062/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.8%
- Max offer
- $279,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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