For saleSingle family

$556,580

14762 74th Ln NE

Otsego MN 55330

5 beds, 3 baths, 2,692 sqft

14762 74th Ln NE is a 5 beds, 3 baths, 2,692 sqft single family home for sale at $556,580 in Otsego MN 55330. At 20% down it rents for an estimated $3,325/mo and returns -$648/mo a month at a 5.3% 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
$3,325/mo
Monthly cash flow
-$648/mo
Cap rate
5.3%
Cash-on-cash
-7.0%
Max offer
$393,500

Offer ≤ $393,500 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading