For saleSingle family
$559,900
937 Kepler Ave NE
Hanover MN 55341
5 beds, 3 baths, 2,775 sqft
937 Kepler Ave NE is a 5 beds, 3 baths, 2,775 sqft single family home for sale at $559,900 in Hanover MN 55341. At 20% down it rents for an estimated $3,225/mo and returns -$772/mo a month at a 5.0% 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
- $3,225/mo
- Monthly cash flow
- -$772/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $381,500
Offer ≤ $381,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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