For saleSingle family
$265,000
7471 30th St NE
Saint Michael MN 55376
2 beds, 1.5 baths, 1,511 sqft
7471 30th St NE is a 2 beds, 1.5 baths, 1,511 sqft single family home for sale at $265,000 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,175/mo and returns $283/mo a month at a 7.9% 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
- $283/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.4%
- Max offer
- $256,500
Offer ≤ $256,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading