For saleSingle family
$279,900
16271 Valley Dr NW
Andover MN 55304
3 beds, 2 baths, 1,346 sqft
16271 Valley Dr NW is a 3 beds, 2 baths, 1,346 sqft single family home for sale at $279,900 in Andover MN 55304. At 20% down it rents for an estimated $2,475/mo and returns $477/mo a month at a 8.7% 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
- $2,475/mo
- Monthly cash flow
- $477/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.2%
- Max offer
- $279,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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