For saleSingle family
$350,000
802 Charlotte Dr
Anoka MN 55303
3 beds, 2 baths, 1,626 sqft
802 Charlotte Dr is a 3 beds, 2 baths, 1,626 sqft single family home for sale at $350,000 in Anoka MN 55303. At 20% down it rents for an estimated $1,800/mo and returns -$699/mo a month at a 4.3% 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
- $1,800/mo
- Monthly cash flow
- -$699/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $213,000
Offer ≤ $213,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading