For saleSingle family
$439,900
8080 Lander Ave NE
Otsego MN 55301
5 beds, 3 baths, 2,505 sqft
8080 Lander Ave NE is a 5 beds, 3 baths, 2,505 sqft single family home for sale at $439,900 in Otsego MN 55301. At 20% down it rents for an estimated $3,150/mo and returns $65/mo a month at a 6.7% 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
- $3,150/mo
- Monthly cash flow
- $65/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.9%
- Max offer
- $377,500
Offer ≤ $377,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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