For saleSingle family
$329,900
636 School St
Anoka MN 55303
4 beds, 2 baths, 1,950 sqft
636 School St is a 4 beds, 2 baths, 1,950 sqft single family home for sale at $329,900 in Anoka MN 55303. At 20% down it rents for an estimated $2,700/mo and returns $386/mo a month at a 7.9% 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
- $2,700/mo
- Monthly cash flow
- $386/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 7.0%
- Max offer
- $323,000
Offer ≤ $323,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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