For saleSingle family
$530,000
12391 62nd St NE
Otsego MN 55301
4 beds, 4 baths, 2,776 sqft
12391 62nd St NE is a 4 beds, 4 baths, 2,776 sqft single family home for sale at $530,000 in Otsego MN 55301. At 20% down it rents for an estimated $2,575/mo and returns -$1,209/mo a month at a 3.9% 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
- $2,575/mo
- Monthly cash flow
- -$1,209/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.7%
- Max offer
- $305,000
Offer ≤ $305,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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