For saleSingle family
$340,890
7395 Kagan Ave NE
Otsego MN 55301
3 beds, 2 baths, 1,281 sqft
7395 Kagan Ave NE is a 3 beds, 2 baths, 1,281 sqft single family home for sale at $340,890 in Otsego MN 55301. At 20% down it rents for an estimated $2,550/mo and returns $116/mo a month at a 7.1% 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
- $2,550/mo
- Monthly cash flow
- $116/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.0%
- Max offer
- $301,000
Offer ≤ $301,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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