For saleSingle family
$379,990
7416 Kaeding Ave NE
Otsego MN 55301
4 beds, 2 baths, 1,989 sqft
7416 Kaeding Ave NE is a 4 beds, 2 baths, 1,989 sqft single family home for sale at $379,990 in Otsego MN 55301. At 20% down it rents for an estimated $3,600/mo and returns $887/mo a month at a 9.5% 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
- $3,600/mo
- Monthly cash flow
- $887/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.0%
- Max offer
- $379,990
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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