For saleSingle family
$539,990
6204 Jennifer Ave S
Cottage Grove MN 55016
3 beds, 2 baths, 1,485 sqft
6204 Jennifer Ave S is a 3 beds, 2 baths, 1,485 sqft single family home for sale at $539,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,600/mo and returns -$1,255/mo a month at a 3.9% 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
- $2,600/mo
- Monthly cash flow
- -$1,255/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.9%
- Max offer
- $308,000
Offer ≤ $308,000 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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