For saleTownhouse

$348,055

2742 Kepler Ave NE

Saint Michael MN 55376

3 beds, 2.5 baths, 1,921 sqft

2742 Kepler Ave NE is a 3 beds, 2.5 baths, 1,921 sqft townhouse home for sale at $348,055 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,300/mo and returns -$307/mo a month at a 5.6% 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
-$307/mo
Cap rate
5.6%
Cash-on-cash
-5.3%
Max offer
$252,000

Offer ≤ $252,000 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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