For saleSingle family
$390,000
6810 W 24th St
Saint Louis Park MN 55426
4 beds, 1 bath, 1,800 sqft
6810 W 24th St is a 4 beds, 1 bath, 1,800 sqft single family home for sale at $390,000 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,500/mo and returns -$284/mo a month at a 5.8% 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
- $2,500/mo
- Monthly cash flow
- -$284/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.4%
- Max offer
- $295,500
Offer ≤ $295,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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