For saleSingle family
$599,990
6156 Jennifer Ave S
Cottage Grove MN 55016
4 beds, 3 baths, 2,776 sqft
6156 Jennifer Ave S is a 4 beds, 3 baths, 2,776 sqft single family home for sale at $599,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,950/mo and returns -$1,333/mo a month at a 4.0% 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
- $2,950/mo
- Monthly cash flow
- -$1,333/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.3%
- Max offer
- $349,500
Offer ≤ $349,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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