For saleSingle family
$430,480
2440 Jandell Ave NE
Saint Michael MN 55376
3 beds, 2 baths, 1,296 sqft
2440 Jandell Ave NE is a 3 beds, 2 baths, 1,296 sqft single family home for sale at $430,480 in Saint Michael MN 55376. At 20% down it rents for an estimated $2,900/mo and returns -$173/mo a month at a 6.2% 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
- $2,900/mo
- Monthly cash flow
- -$173/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.4%
- Max offer
- $342,500
Offer ≤ $342,500 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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