For saleSingle family
$650,000
16197 Europa Ave N
Hugo MN 55038
5 beds, 3 baths, 3,003 sqft
16197 Europa Ave N is a 5 beds, 3 baths, 3,003 sqft single family home for sale at $650,000 in Hugo MN 55038. At 20% down it rents for an estimated $3,475/mo and returns -$1,165/mo a month at a 4.5% 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
- $3,475/mo
- Monthly cash flow
- -$1,165/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.8%
- Max offer
- $411,500
Offer ≤ $411,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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