For saleSingle family

$495,000

940 Douglas Ct

Anoka MN 55303

4 beds, 3 baths, 2,295 sqft

940 Douglas Ct is a 4 beds, 3 baths, 2,295 sqft single family home for sale at $495,000 in Anoka MN 55303. At 20% down it rents for an estimated $2,800/mo and returns -$734/mo a month at a 4.9% 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
$2,800/mo
Monthly cash flow
-$734/mo
Cap rate
4.9%
Cash-on-cash
-8.9%
Max offer
$331,500

Offer ≤ $331,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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