For saleSingle family

$440,000

4021 Jason Ave NE

Saint Michael MN 55376

5 beds, 3 baths, 2,822 sqft

4021 Jason Ave NE is a 5 beds, 3 baths, 2,822 sqft single family home for sale at $440,000 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,075/mo and returns -$11/mo a month at a 6.5% 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
$3,075/mo
Monthly cash flow
-$11/mo
Cap rate
6.5%
Cash-on-cash
-0.2%
Max offer
$368,500

Offer ≤ $368,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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