For saleSingle family
$319,990
3074 Cedar St
Little Canada MN 55117
3 beds, 3 baths, 1,800 sqft
3074 Cedar St is a 3 beds, 3 baths, 1,800 sqft single family home for sale at $319,990 in Little Canada MN 55117. At 20% down it rents for an estimated $2,325/mo and returns $41/mo a month at a 6.8% 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
- $2,325/mo
- Monthly cash flow
- $41/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.8%
- Max offer
- $274,500
Offer ≤ $274,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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