For saleSingle family
$499,990
9848 49th Pl NE
Saint Michael MN 55376
4 beds, 2 baths, 2,692 sqft
9848 49th Pl NE is a 4 beds, 2 baths, 2,692 sqft single family home for sale at $499,990 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,575/mo and returns -$994/mo a month at a 4.3% 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
- $2,575/mo
- Monthly cash flow
- -$994/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.9%
- Max offer
- $305,000
Offer ≤ $305,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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