For saleSingle family

$279,000

816 1st Ave NW

Byron MN 55920

4 beds, 2 baths, 1,877 sqft

816 1st Ave NW is a 4 beds, 2 baths, 1,877 sqft single family home for sale at $279,000 in Byron MN 55920. At 20% down it rents for an estimated $2,500/mo and returns $543/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
$2,500/mo
Monthly cash flow
$543/mo
Cap rate
8.9%
Cash-on-cash
11.7%
Max offer
$279,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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