For saleSingle family

$375,000

43 Central Ave W

Saint Michael MN 55376

4 beds, 2 baths, 2,284 sqft

43 Central Ave W is a 4 beds, 2 baths, 2,284 sqft single family home for sale at $375,000 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,750/mo and returns $120/mo a month at a 6.9% 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
$2,750/mo
Monthly cash flow
$120/mo
Cap rate
6.9%
Cash-on-cash
1.9%
Max offer
$329,500

Offer ≤ $329,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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