For saleSingle family
$389,900
7614 Labeaux Ave NE
Otsego MN 55301
4 beds, 2 baths, 1,904 sqft
7614 Labeaux Ave NE is a 4 beds, 2 baths, 1,904 sqft single family home for sale at $389,900 in Otsego MN 55301. At 20% down it rents for an estimated $2,575/mo and returns -$208/mo a month at a 6.0% 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
- $2,575/mo
- Monthly cash flow
- -$208/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.2%
- Max offer
- $304,000
Offer ≤ $304,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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