For saleSingle family

$229,900

3540 Noble Ave N

Crystal MN 55422

3 beds, 1 bath, 1,100 sqft

3540 Noble Ave N is a 3 beds, 1 bath, 1,100 sqft single family home for sale at $229,900 in Crystal MN 55422. At 20% down it rents for an estimated $2,000/mo and returns $359/mo a month at a 8.5% 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
$2,000/mo
Monthly cash flow
$359/mo
Cap rate
8.5%
Cash-on-cash
9.4%
Max offer
$229,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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