For saleSingle family
$434,990
7631 Marquette Ave NE
Otsego MN 55330
4 beds, 3 baths, 1,988 sqft
7631 Marquette Ave NE is a 4 beds, 3 baths, 1,988 sqft single family home for sale at $434,990 in Otsego MN 55330. At 20% down it rents for an estimated $2,575/mo and returns -$530/mo a month at a 5.2% 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
- $2,575/mo
- Monthly cash flow
- -$530/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.3%
- Max offer
- $304,500
Offer ≤ $304,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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