For saleSingle family
$659,990
6107 Jennifer Ave S
Cottage Grove MN 55016
5 beds, 3 baths, 3,003 sqft
6107 Jennifer Ave S is a 5 beds, 3 baths, 3,003 sqft single family home for sale at $659,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $3,300/mo and returns -$1,412/mo a month at a 4.1% 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
- -$1,412/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $391,000
Offer ≤ $391,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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