For saleSingle family
$499,900
17611 Orchid St NW
Andover MN 55304
4 beds, 2 baths, 2,109 sqft
17611 Orchid St NW is a 4 beds, 2 baths, 2,109 sqft single family home for sale at $499,900 in Andover MN 55304. At 20% down it rents for an estimated $3,200/mo and returns -$369/mo a month at a 5.8% 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
- $3,200/mo
- Monthly cash flow
- -$369/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.4%
- Max offer
- $378,500
Offer ≤ $378,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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