For saleSingle family

$419,700

7399 Kaeding Ave NE

Otsego MN 55301

5 beds, 3 baths, 2,460 sqft

7399 Kaeding Ave NE is a 5 beds, 3 baths, 2,460 sqft single family home for sale at $419,700 in Otsego MN 55301. At 20% down it rents for an estimated $3,150/mo and returns $206/mo a month at a 7.1% 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
$3,150/mo
Monthly cash flow
$206/mo
Cap rate
7.1%
Cash-on-cash
3.0%
Max offer
$377,000

Offer ≤ $377,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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