For saleSingle family
$879,900
8781 Royal Ct NW
Anoka MN 55303
5 beds, 4.5 baths, 5,766 sqft
8781 Royal Ct NW is a 5 beds, 4.5 baths, 5,766 sqft single family home for sale at $879,900 in Anoka MN 55303. At 20% down it rents for an estimated $2,975/mo and returns -$3,306/mo a month at a 2.2% 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
- $2,975/mo
- Monthly cash flow
- -$3,306/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.5%
- Max offer
- $354,500
Offer ≤ $354,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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