For saleSingle family
$899,900
20588 Xeon Ave
Jordan MN 55352
5 beds, 2 baths, 2,210 sqft
20588 Xeon Ave is a 5 beds, 2 baths, 2,210 sqft single family home for sale at $899,900 in Jordan MN 55352. At 20% down it rents for an estimated $2,300/mo and returns -$4,124/mo a month at a 1.2% 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
- $2,300/mo
- Monthly cash flow
- -$4,124/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.5%
- Max offer
- $275,500
Offer ≤ $275,500 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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