For saleSingle family
$449,500
916 140th Ln NW
Andover MN 55304
3 beds, 3 baths, 2,650 sqft
916 140th Ln NW is a 3 beds, 3 baths, 2,650 sqft single family home for sale at $449,500 in Andover MN 55304. At 20% down it rents for an estimated $2,200/mo and returns -$1,009/mo a month at a 4.0% 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
- $2,200/mo
- Monthly cash flow
- -$1,009/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.5%
- Max offer
- $260,500
Offer ≤ $260,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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