For saleSingle family

$424,525

2599 Jandell Ave NE

Saint Michael MN 55376

5 beds, 3 baths, 2,460 sqft

2599 Jandell Ave NE is a 5 beds, 3 baths, 2,460 sqft single family home for sale at $424,525 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,075/mo and returns $98/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
$98/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.