For saleSingle family
$445,000
12337 71st St NE
Otsego MN 55330
4 beds, 3.5 baths, 2,242 sqft
12337 71st St NE is a 4 beds, 3.5 baths, 2,242 sqft single family home for sale at $445,000 in Otsego MN 55330. At 20% down it rents for an estimated $2,575/mo and returns -$602/mo a month at a 5.0% 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
- -$602/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.1%
- Max offer
- $304,500
Offer ≤ $304,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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