Pending saleSingle family

$515,000

9408 Jennifer Ct

Chisago City MN 55013

5 beds, 3.5 baths, 3,311 sqft

9408 Jennifer Ct is a 5 beds, 3.5 baths, 3,311 sqft single family home pending sale at $515,000 in Chisago City MN 55013. At 20% down it rents for an estimated $850/mo and returns -$2,826/mo a month at a 0.1% 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
$850/mo
Monthly cash flow
-$2,826/mo
Cap rate
0.1%
Cash-on-cash
-32.9%
Max offer
$103,000

Offer ≤ $103,000 (80% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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