For saleSingle family
$440,900
9746 Jasmine Ave NE
Hanover MN 55341
3 beds, 2 baths, 1,400 sqft
9746 Jasmine Ave NE is a 3 beds, 2 baths, 1,400 sqft single family home for sale at $440,900 in Hanover MN 55341. At 20% down it rents for an estimated $2,550/mo and returns -$597/mo a month at a 5.0% 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
- $2,550/mo
- Monthly cash flow
- -$597/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.1%
- Max offer
- $301,500
Offer ≤ $301,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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