For saleSingle family

$348,790

7392 Kaeding Ave NE

Otsego MN 55301

3 beds, 2 baths, 1,281 sqft

7392 Kaeding Ave NE is a 3 beds, 2 baths, 1,281 sqft single family home for sale at $348,790 in Otsego MN 55301. At 20% down it rents for an estimated $2,550/mo and returns $104/mo a month at a 6.9% 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
$2,550/mo
Monthly cash flow
$104/mo
Cap rate
6.9%
Cash-on-cash
1.8%
Max offer
$305,500

Offer ≤ $305,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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