For saleSingle family
$299,900
309 Central Ave W
Saint Michael MN 55376
4 beds, 1 bath, 1,440 sqft
309 Central Ave W is a 4 beds, 1 bath, 1,440 sqft single family home for sale at $299,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,750/mo and returns $647/mo a month at a 9.1% 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
- $2,750/mo
- Monthly cash flow
- $647/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.9%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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