For saleSingle family

$429,380

9807 26th St NE

Saint Michael MN 55376

5 beds, 3 baths, 2,460 sqft

9807 26th St NE is a 5 beds, 3 baths, 2,460 sqft single family home for sale at $429,380 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,175/mo and returns $163/mo a month at a 7.0% 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
$3,175/mo
Monthly cash flow
$163/mo
Cap rate
7.0%
Cash-on-cash
2.3%
Max offer
$380,500

Offer ≤ $380,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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