For saleSingle family
$469,900
3117 Jandura Ave NE
Saint Michael MN 55376
4 beds, 2.5 baths, 2,209 sqft
3117 Jandura Ave NE is a 4 beds, 2.5 baths, 2,209 sqft single family home for sale at $469,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,300/mo and returns -$55/mo a month at a 6.5% 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
- $3,300/mo
- Monthly cash flow
- -$55/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.7%
- Max offer
- $390,000
Offer ≤ $390,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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