For saleSingle family

$534,900

15640 Inca Cir NW

Andover MN 55304

4 beds, 3 baths, 2,841 sqft

15640 Inca Cir NW is a 4 beds, 3 baths, 2,841 sqft single family home for sale at $534,900 in Andover MN 55304. At 20% down it rents for an estimated $2,500/mo and returns -$1,319/mo a month at a 3.7% 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
$2,500/mo
Monthly cash flow
-$1,319/mo
Cap rate
3.7%
Cash-on-cash
-14.8%
Max offer
$296,500

Offer ≤ $296,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading