For saleSingle family
$399,000
475 Springhill Rd
Vadnais Heights MN 55127
4 beds, 2 baths, 1,918 sqft
475 Springhill Rd is a 4 beds, 2 baths, 1,918 sqft single family home for sale at $399,000 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $3,075/mo and returns $227/mo a month at a 7.3% 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
- $3,075/mo
- Monthly cash flow
- $227/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.4%
- Max offer
- $363,000
Offer ≤ $363,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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