For saleSingle family
$365,000
8681 Hale Ave S
Cottage Grove MN 55016
4 beds, 1.5 baths, 2,036 sqft
8681 Hale Ave S is a 4 beds, 1.5 baths, 2,036 sqft single family home for sale at $365,000 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,950/mo and returns $344/mo a month at a 7.8% 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
- $2,950/mo
- Monthly cash flow
- $344/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $348,000
Offer ≤ $348,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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