For saleSingle family

$675,000

22345 Baseline Blvd

Jordan MN 55352

4 beds, 3 baths, 3,276 sqft

22345 Baseline Blvd is a 4 beds, 3 baths, 3,276 sqft single family home for sale at $675,000 in Jordan MN 55352. At 20% down it rents for an estimated $1,675/mo and returns -$3,144/mo a month at a 1.1% 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
$1,675/mo
Monthly cash flow
-$3,144/mo
Cap rate
1.1%
Cash-on-cash
-27.9%
Max offer
$200,500

Offer ≤ $200,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading