For saleSingle family

$374,245

7401 Kaeding Ave NE

Otsego MN 55301

4 beds, 2 baths, 1,989 sqft

7401 Kaeding Ave NE is a 4 beds, 2 baths, 1,989 sqft single family home for sale at $374,245 in Otsego MN 55301. At 20% down it rents for an estimated $2,800/mo and returns $175/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
$2,800/mo
Monthly cash flow
$175/mo
Cap rate
7.1%
Cash-on-cash
2.8%
Max offer
$335,500

Offer ≤ $335,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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