For saleSingle family
$399,990
7426 Kaeding Ave NE
Otsego MN 55301
4 beds, 3 baths, 2,170 sqft
7426 Kaeding Ave NE is a 4 beds, 3 baths, 2,170 sqft single family home for sale at $399,990 in Otsego MN 55301. At 20% down it rents for an estimated $3,600/mo and returns $745/mo a month at a 8.9% 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
- $745/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $399,990
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading