For saleSingle family
$320,000
2311 334th Ln NE
Cambridge MN 55008
4 beds, 1 bath, 1,656 sqft
2311 334th Ln NE is a 4 beds, 1 bath, 1,656 sqft single family home for sale at $320,000 in Cambridge MN 55008. At 20% down it rents for an estimated $2,575/mo and returns $291/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
- $2,575/mo
- Monthly cash flow
- $291/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.4%
- Max offer
- $304,000
Offer ≤ $304,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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