For saleSingle family
$457,990
9774 Jasmine Ave NE
Hanover MN 55341
3 beds, 1,773 sqft
9774 Jasmine Ave NE is a 3 beds, 1,773 sqft single family home for sale at $457,990 in Hanover MN 55341. At 20% down it rents for an estimated $2,550/mo and returns -$719/mo a month at a 4.8% 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
- $2,550/mo
- Monthly cash flow
- -$719/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.4%
- Max offer
- $302,000
Offer ≤ $302,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading