For saleSingle family

$415,000

937 Stone Creek Dr

Jordan MN 55352

5 beds, 3 baths, 2,449 sqft

937 Stone Creek Dr is a 5 beds, 3 baths, 2,449 sqft single family home for sale at $415,000 in Jordan MN 55352. At 20% down it rents for an estimated $3,200/mo and returns $289/mo a month at a 7.4% 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
$3,200/mo
Monthly cash flow
$289/mo
Cap rate
7.4%
Cash-on-cash
4.2%
Max offer
$383,000

Offer ≤ $383,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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