For saleSingle family
$399,900
810 Spruce St N
Cambridge MN 55008
4 beds, 2.5 baths, 2,317 sqft
810 Spruce St N is a 4 beds, 2.5 baths, 2,317 sqft single family home for sale at $399,900 in Cambridge MN 55008. At 20% down it rents for an estimated $2,575/mo and returns -$280/mo a month at a 5.8% 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
- $2,575/mo
- Monthly cash flow
- -$280/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.2%
- Max offer
- $304,500
Offer ≤ $304,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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