For saleSingle family
$350,000
19 Heights Rd NW
Saint Michael MN 55376
3 beds, 2 baths, 1,536 sqft
19 Heights Rd NW is a 3 beds, 2 baths, 1,536 sqft single family home for sale at $350,000 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,225/mo and returns $770/mo a month at a 9.2% 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
- $3,225/mo
- Monthly cash flow
- $770/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.2%
- Max offer
- $350,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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