For saleSingle family
$800,000
35 19th Ave N
Hopkins MN 55343
4 beds, 3.5 baths, 2,889 sqft
35 19th Ave N is a 4 beds, 3.5 baths, 2,889 sqft single family home for sale at $800,000 in Hopkins MN 55343. At 20% down it rents for an estimated $3,200/mo and returns -$2,511/mo a month at a 2.9% 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
- $3,200/mo
- Monthly cash flow
- -$2,511/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $380,000
Offer ≤ $380,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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