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 $331/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
$331/mo
Cap rate
7.8%
Cash-on-cash
6.2%
Max offer
$308,500

Offer ≤ $308,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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