For saleSingle family
$475,000
6093 County 24 Blvd
Cannon Falls MN 55009
5 beds, 3 baths, 2,770 sqft
6093 County 24 Blvd is a 5 beds, 3 baths, 2,770 sqft single family home for sale at $475,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,475/mo and returns -$916/mo a month at a 4.4% 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
- $2,475/mo
- Monthly cash flow
- -$916/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.6%
- Max offer
- $293,000
Offer ≤ $293,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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