For saleSingle family
$507,990
7157 Landau Avenue NE
Otsego MN 55301
3 beds, 2,565 sqft
7157 Landau Avenue NE is a 3 beds, 2,565 sqft single family home for sale at $507,990 in Otsego MN 55301. At 20% down it rents for an estimated $2,300/mo and returns -$1,326/mo a month at a 3.5% 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
- $2,300/mo
- Monthly cash flow
- -$1,326/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.7%
- Max offer
- $273,000
Offer ≤ $273,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading