For saleSingle family
$379,990
961 Stone Creek Dr
Jordan MN 55352
4 beds, 2.5 baths, 1,675 sqft
961 Stone Creek Dr is a 4 beds, 2.5 baths, 1,675 sqft single family home for sale at $379,990 in Jordan MN 55352. At 20% down it rents for an estimated $2,875/mo and returns $210/mo a month at a 7.2% 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
- $2,875/mo
- Monthly cash flow
- $210/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.3%
- Max offer
- $344,500
Offer ≤ $344,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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