For saleSingle family
$549,000
7157 Landau Ave NE
Otsego MN 55301
4 beds, 2.5 baths, 3,477 sqft
7157 Landau Ave NE is a 4 beds, 2.5 baths, 3,477 sqft single family home for sale at $549,000 in Otsego MN 55301. At 20% down it rents for an estimated $2,575/mo and returns -$1,344/mo a month at a 3.7% 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
- $2,575/mo
- Monthly cash flow
- -$1,344/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.7%
- Max offer
- $305,500
Offer ≤ $305,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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