For saleSingle family
$429,900
11429 71st St NE
Otsego MN 55301
6 beds, 3 baths, 2,300 sqft
11429 71st St NE is a 6 beds, 3 baths, 2,300 sqft single family home for sale at $429,900 in Otsego MN 55301. At 20% down it rents for an estimated $3,475/mo and returns $460/mo a month at a 7.8% 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
- $3,475/mo
- Monthly cash flow
- $460/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.4%
- Max offer
- $416,000
Offer ≤ $416,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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