For saleSingle family

$450,000

5563 Asbury St

Shoreview MN 55126

3 beds, 2 baths, 2,684 sqft

5563 Asbury St is a 3 beds, 2 baths, 2,684 sqft single family home for sale at $450,000 in Shoreview MN 55126. At 20% down it rents for an estimated $2,375/mo and returns -$837/mo a month at a 4.4% 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
$2,375/mo
Monthly cash flow
-$837/mo
Cap rate
4.4%
Cash-on-cash
-11.2%
Max offer
$281,000

Offer ≤ $281,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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