For saleSingle family

$289,000

614 Jackson St

Anoka MN 55303

4 beds, 1 bath, 1,506 sqft

614 Jackson St is a 4 beds, 1 bath, 1,506 sqft single family home for sale at $289,000 in Anoka MN 55303. At 20% down it rents for an estimated $2,500/mo and returns $437/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
$2,500/mo
Monthly cash flow
$437/mo
Cap rate
8.5%
Cash-on-cash
9.1%
Max offer
$289,000

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

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