For saleSingle family
$333,990
7302 Kaeding Avenue NE
Otsego MN 55301
3 beds, 1,600 sqft
7302 Kaeding Avenue NE is a 3 beds, 1,600 sqft single family home for sale at $333,990 in Otsego MN 55301. At 20% down it rents for an estimated $2,550/mo and returns $166/mo a month at a 7.3% 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
- $166/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $301,000
Offer ≤ $301,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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