For saleSingle family

$349,000

6837 Upton Ave S

Richfield MN 55423

3 beds, 1 bath, 1,704 sqft

6837 Upton Ave S is a 3 beds, 1 bath, 1,704 sqft single family home for sale at $349,000 in Richfield MN 55423. At 20% down it rents for an estimated $2,525/mo and returns $77/mo a month at a 6.8% 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
$2,525/mo
Monthly cash flow
$77/mo
Cap rate
6.8%
Cash-on-cash
1.3%
Max offer
$302,500

Offer ≤ $302,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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