For saleSingle family

$499,900

3615 237th Ave NW

Saint Francis MN 55070

2 beds, 2 baths, 1,948 sqft

3615 237th Ave NW is a 2 beds, 2 baths, 1,948 sqft single family home for sale at $499,900 in Saint Francis MN 55070. At 20% down it rents for an estimated $2,200/mo and returns -$1,369/mo a month at a 3.4% 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
$2,200/mo
Monthly cash flow
-$1,369/mo
Cap rate
3.4%
Cash-on-cash
-16.4%
Max offer
$261,000

Offer ≤ $261,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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