For saleSingle family

$739,900

15626 Sycamore St NW

Andover MN 55304

4 beds, 4 baths, 5,700 sqft

15626 Sycamore St NW is a 4 beds, 4 baths, 5,700 sqft single family home for sale at $739,900 in Andover MN 55304. At 20% down it rents for an estimated $2,700/mo and returns -$2,582/mo a month at a 2.5% 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
$2,700/mo
Monthly cash flow
-$2,582/mo
Cap rate
2.5%
Cash-on-cash
-20.9%
Max offer
$321,000

Offer ≤ $321,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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