For saleSingle family
$359,900
853 40th Ln
Anoka MN 55303
4 beds, 2 baths, 2,264 sqft
853 40th Ln is a 4 beds, 2 baths, 2,264 sqft single family home for sale at $359,900 in Anoka MN 55303. At 20% down it rents for an estimated $2,175/mo and returns -$394/mo a month at a 5.4% 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
- $2,175/mo
- Monthly cash flow
- -$394/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.6%
- Max offer
- $257,000
Offer ≤ $257,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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