For saleSingle family
$849,990
15645 Granada Ave N
Hugo MN 55038
4 beds, 3.5 baths, 3,578 sqft
15645 Granada Ave N is a 4 beds, 3.5 baths, 3,578 sqft single family home for sale at $849,990 in Hugo MN 55038. At 20% down it rents for an estimated $3,125/mo and returns -$2,943/mo a month at a 2.5% 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
- $3,125/mo
- Monthly cash flow
- -$2,943/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.8%
- Max offer
- $371,500
Offer ≤ $371,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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