For saleSingle family
$455,260
2446 Jandell Ave NE
Saint Michael MN 55376
4 beds, 2 baths, 2,280 sqft
2446 Jandell Ave NE is a 4 beds, 2 baths, 2,280 sqft single family home for sale at $455,260 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,300/mo and returns $50/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
- $3,300/mo
- Monthly cash flow
- $50/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.7%
- Max offer
- $389,500
Offer ≤ $389,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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