For saleSingle family
$370,000
950 Herbert St
Jordan MN 55352
4 beds, 2 baths, 2,039 sqft
950 Herbert St is a 4 beds, 2 baths, 2,039 sqft single family home for sale at $370,000 in Jordan MN 55352. At 20% down it rents for an estimated $2,850/mo and returns $255/mo a month at a 7.3% 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
- $2,850/mo
- Monthly cash flow
- $255/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.1%
- Max offer
- $341,500
Offer ≤ $341,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.