For saleTownhouse
$309,900
7063 Kittredge Ln NE
Otsego MN 55301
3 beds, 3 baths, 1,737 sqft
7063 Kittredge Ln NE is a 3 beds, 3 baths, 1,737 sqft townhouse home for sale at $309,900 in Otsego MN 55301. At 20% down it rents for an estimated $2,300/mo and returns -$100/mo a month at a 6.3% 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
- $2,300/mo
- Monthly cash flow
- -$100/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.9%
- Max offer
- $246,000
Offer ≤ $246,000 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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