For saleSingle family
$650,000
2332 151st Ave NW
Andover MN 55304
5 beds, 4 baths, 3,412 sqft
2332 151st Ave NW is a 5 beds, 4 baths, 3,412 sqft single family home for sale at $650,000 in Andover MN 55304. At 20% down it rents for an estimated $3,550/mo and returns -$1,090/mo a month at a 4.7% 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
- $3,550/mo
- Monthly cash flow
- -$1,090/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.1%
- Max offer
- $420,500
Offer ≤ $420,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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