For saleSingle family
$779,900
10514 Kalen Dr NE
Hanover MN 55341
7 beds, 4 baths, 5,053 sqft
10514 Kalen Dr NE is a 7 beds, 4 baths, 5,053 sqft single family home for sale at $779,900 in Hanover MN 55341. At 20% down it rents for an estimated $3,625/mo and returns -$1,943/mo a month at a 3.7% 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
- $3,625/mo
- Monthly cash flow
- -$1,943/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.9%
- Max offer
- $430,000
Offer ≤ $430,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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