For saleSingle family
$408,415
2431 Jandell Ave NE
Saint Michael MN 55376
4 beds, 2 baths, 1,706 sqft
2431 Jandell Ave NE is a 4 beds, 2 baths, 1,706 sqft single family home for sale at $408,415 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,300/mo and returns $384/mo a month at a 7.8% 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
- $3,300/mo
- Monthly cash flow
- $384/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $389,500
Offer ≤ $389,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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