For saleSingle family

$239,900

721 Bob Ehlen Dr

Anoka MN 55303

1 bed, 1 bath, 600 sqft

721 Bob Ehlen Dr is a 1 bed, 1 bath, 600 sqft single family home for sale at $239,900 in Anoka MN 55303. At 20% down it rents for an estimated $1,075/mo and returns -$638/mo a month at a 3.5% 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
$1,075/mo
Monthly cash flow
-$638/mo
Cap rate
3.5%
Cash-on-cash
-15.9%
Max offer
$127,500

Offer ≤ $127,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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