For saleSingle family

$482,900

3087 Jandura Ave NE

Saint Michael MN 55376

4 beds, 3 baths, 2,209 sqft

3087 Jandura Ave NE is a 4 beds, 3 baths, 2,209 sqft single family home for sale at $482,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,300/mo and returns -$147/mo a month at a 6.3% 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
$3,300/mo
Monthly cash flow
-$147/mo
Cap rate
6.3%
Cash-on-cash
-1.8%
Max offer
$390,000

Offer ≤ $390,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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