For saleSingle family
$310,000
306 4th Ave NE
Byron MN 55920
3 beds, 2.5 baths, 1,848 sqft
306 4th Ave NE is a 3 beds, 2.5 baths, 1,848 sqft single family home for sale at $310,000 in Byron MN 55920. At 20% down it rents for an estimated $2,200/mo and returns $26/mo a month at a 6.6% 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
- $2,200/mo
- Monthly cash flow
- $26/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.5%
- Max offer
- $263,500
Offer ≤ $263,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.