For saleSingle family
$375,900
10189 42nd St NE
Saint Michael MN 55376
4 beds, 3 baths, 2,300 sqft
10189 42nd St NE is a 4 beds, 3 baths, 2,300 sqft single family home for sale at $375,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,850/mo and returns $167/mo a month at a 7.2% 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
- $2,850/mo
- Monthly cash flow
- $167/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.7%
- Max offer
- $336,500
Offer ≤ $336,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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