For saleSingle family
$399,900
11219 22nd St NE
Saint Michael MN 55376
5 beds, 4 baths, 2,714 sqft
11219 22nd St NE is a 5 beds, 4 baths, 2,714 sqft single family home for sale at $399,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,700/mo and returns $845/mo a month at a 9.2% 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
- $3,700/mo
- Monthly cash flow
- $845/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.7%
- Max offer
- $399,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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