For saleSingle family
$260,000
616 Johnson St
Anoka MN 55303
3 beds, 1 bath, 1,391 sqft
616 Johnson St is a 3 beds, 1 bath, 1,391 sqft single family home for sale at $260,000 in Anoka MN 55303. At 20% down it rents for an estimated $2,250/mo and returns $426/mo a month at a 8.5% 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
- $2,250/mo
- Monthly cash flow
- $426/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.8%
- Max offer
- $260,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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