Pending saleSingle family
$350,000
7733 Jackson St NE
Spring Lake Park MN 55432
3 beds, 2 baths, 2,034 sqft
7733 Jackson St NE is a 3 beds, 2 baths, 2,034 sqft single family home pending sale at $350,000 in Spring Lake Park MN 55432. At 20% down it rents for an estimated $2,075/mo and returns -$424/mo a month at a 5.2% 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
- $2,075/mo
- Monthly cash flow
- -$424/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.3%
- Max offer
- $245,500
Offer ≤ $245,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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