For saleSingle family
$424,700
7421 Kaeding Ave NE
Otsego MN 55301
5 beds, 3 baths, 2,460 sqft
7421 Kaeding Ave NE is a 5 beds, 3 baths, 2,460 sqft single family home for sale at $424,700 in Otsego MN 55301. At 20% down it rents for an estimated $3,075/mo and returns $96/mo a month at a 6.8% 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
- $3,075/mo
- Monthly cash flow
- $96/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.4%
- Max offer
- $368,500
Offer ≤ $368,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.