For saleSingle family

$349,990

7431 Kaeding Ave NE

Otsego MN 55301

4 beds, 3 baths, 1,825 sqft

7431 Kaeding Ave NE is a 4 beds, 3 baths, 1,825 sqft single family home for sale at $349,990 in Otsego MN 55301. At 20% down it rents for an estimated $3,600/mo and returns $1,102/mo a month at a 10.4% 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
$3,600/mo
Monthly cash flow
$1,102/mo
Cap rate
10.4%
Cash-on-cash
18.9%
Max offer
$349,990

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading