For saleSingle family
$665,000
41 144th Ln NW
Andover MN 55304
5 beds, 4 baths, 3,242 sqft
41 144th Ln NW is a 5 beds, 4 baths, 3,242 sqft single family home for sale at $665,000 in Andover MN 55304. At 20% down it rents for an estimated $2,975/mo and returns -$1,772/mo a month at a 3.5% 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
- $2,975/mo
- Monthly cash flow
- -$1,772/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $353,000
Offer ≤ $353,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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