For saleSingle family

$275,000

823 Oakwood Dr

Anoka MN 55303

3 beds, 1 bath, 2,115 sqft

823 Oakwood Dr is a 3 beds, 1 bath, 2,115 sqft single family home for sale at $275,000 in Anoka MN 55303. At 20% down it rents for an estimated $2,375/mo and returns $446/mo a month at a 8.5% 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
$2,375/mo
Monthly cash flow
$446/mo
Cap rate
8.5%
Cash-on-cash
9.7%
Max offer
$275,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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