For saleSingle family
$399,900
3487 133rd Ln NW
Andover MN 55304
4 beds, 2 baths, 2,050 sqft
3487 133rd Ln NW is a 4 beds, 2 baths, 2,050 sqft single family home for sale at $399,900 in Andover MN 55304. At 20% down it rents for an estimated $2,500/mo and returns -$355/mo a month at a 5.6% 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
- -$355/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.3%
- Max offer
- $295,500
Offer ≤ $295,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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