For saleSingle family
$524,900
9989 14th Cir NE
Saint Michael MN 55376
6 beds, 3 baths, 2,889 sqft
9989 14th Cir NE is a 6 beds, 3 baths, 2,889 sqft single family home for sale at $524,900 in Saint Michael MN 55376. At 20% down it rents for an estimated $4,100/mo and returns $353/mo a month at a 7.5% 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
- $4,100/mo
- Monthly cash flow
- $353/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $484,000
Offer ≤ $484,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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