For saleSingle family
$235,000
548 82nd Ave NE
Spring Lake Park MN 55432
2 beds, 1 bath, 1,020 sqft
548 82nd Ave NE is a 2 beds, 1 bath, 1,020 sqft single family home for sale at $235,000 in Spring Lake Park MN 55432. At 20% down it rents for an estimated $1,300/mo and returns -$378/mo a month at a 4.7% 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
- $1,300/mo
- Monthly cash flow
- -$378/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.6%
- Max offer
- $153,500
Offer ≤ $153,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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