For saleSingle family

$289,900

727 Elm St

Anoka MN 55303

3 beds, 2 baths, 1,470 sqft

727 Elm St is a 3 beds, 2 baths, 1,470 sqft single family home for sale at $289,900 in Anoka MN 55303. At 20% down it rents for an estimated $2,375/mo and returns $342/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
$2,375/mo
Monthly cash flow
$342/mo
Cap rate
7.9%
Cash-on-cash
7.1%
Max offer
$284,500

Offer ≤ $284,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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