For saleSingle family
$369,900
3042 Jandura Ave NE
Saint Michael MN 55376
3 beds, 3 baths, 1,648 sqft
3042 Jandura Ave NE is a 3 beds, 3 baths, 1,648 sqft single family home for sale at $369,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,550/mo and returns -$91/mo a month at a 6.4% 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
- -$91/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.5%
- Max offer
- $301,000
Offer ≤ $301,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading