For saleSingle family

$389,990

9846 26th St NE

Saint Michael MN 55376

4 beds, 3 baths, 2,170 sqft

9846 26th St NE is a 4 beds, 3 baths, 2,170 sqft single family home for sale at $389,990 in Saint Michael MN 55376. At 20% down it rents for an estimated $3,300/mo and returns $516/mo a month at a 8.3% 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
$3,300/mo
Monthly cash flow
$516/mo
Cap rate
8.3%
Cash-on-cash
7.9%
Max offer
$389,500

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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