For saleSingle family
$445,000
13975 Palm St NW
Andover MN 55304
4 beds, 3 baths, 2,108 sqft
13975 Palm St NW is a 4 beds, 3 baths, 2,108 sqft single family home for sale at $445,000 in Andover MN 55304. At 20% down it rents for an estimated $2,500/mo and returns -$677/mo a month at a 4.8% 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
- $2,500/mo
- Monthly cash flow
- -$677/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.1%
- Max offer
- $296,000
Offer ≤ $296,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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