For saleSingle family
$324,000
2927 Virginia Ave S
Saint Louis Park MN 55426
5 beds, 1.5 baths, 1,350 sqft
2927 Virginia Ave S is a 5 beds, 1.5 baths, 1,350 sqft single family home for sale at $324,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,675/mo and returns $362/mo a month at a 8.0% 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
- $2,675/mo
- Monthly cash flow
- $362/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $315,500
Offer ≤ $315,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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