For saleSingle family
$315,000
7549 University Ave NE
Fridley MN 55432
3 beds, 1 bath, 1,540 sqft
7549 University Ave NE is a 3 beds, 1 bath, 1,540 sqft single family home for sale at $315,000 in Fridley MN 55432. At 20% down it rents for an estimated $2,075/mo and returns -$174/mo a month at a 6.0% 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
- $2,075/mo
- Monthly cash flow
- -$174/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.3%
- Max offer
- $245,000
Offer ≤ $245,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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