For saleTownhouse

$355,115

2744 Kepler Ave NE

Saint Michael MN 55376

3 beds, 2.5 baths, 2,070 sqft

2744 Kepler Ave NE is a 3 beds, 2.5 baths, 2,070 sqft townhouse home for sale at $355,115 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,300/mo and returns -$354/mo a month at a 5.5% 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
$2,300/mo
Monthly cash flow
-$354/mo
Cap rate
5.5%
Cash-on-cash
-6.0%
Max offer
$252,500

Offer ≤ $252,500 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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