For saleSingle family
$435,000
15031 84th St NE
Otsego MN 55330
5 beds, 3 baths, 2,546 sqft
15031 84th St NE is a 5 beds, 3 baths, 2,546 sqft single family home for sale at $435,000 in Otsego MN 55330. At 20% down it rents for an estimated $3,350/mo and returns $245/mo a month at a 7.3% 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
- $3,350/mo
- Monthly cash flow
- $245/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.4%
- Max offer
- $395,500
Offer ≤ $395,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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