For saleSingle family
$325,000
14526 Round Lake Blvd NW
Andover MN 55304
4 beds, 2 baths, 2,188 sqft
14526 Round Lake Blvd NW is a 4 beds, 2 baths, 2,188 sqft single family home for sale at $325,000 in Andover MN 55304. At 20% down it rents for an estimated $2,500/mo and returns $180/mo a month at a 7.3% 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
- $2,500/mo
- Monthly cash flow
- $180/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.3%
- Max offer
- $295,000
Offer ≤ $295,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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