For saleSingle family

$299,900

403 3rd Ave NE

Byron MN 55920

4 beds, 2 baths, 2,176 sqft

403 3rd Ave NE is a 4 beds, 2 baths, 2,176 sqft single family home for sale at $299,900 in Byron MN 55920. At 20% down it rents for an estimated $2,500/mo and returns $397/mo a month at a 8.1% 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
$397/mo
Cap rate
8.1%
Cash-on-cash
7.9%
Max offer
$299,500

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

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