For saleSingle family
$499,900
5840 Highway 19 Blvd
Cannon Falls MN 55009
3 beds, 4 baths, 3,542 sqft
5840 Highway 19 Blvd is a 3 beds, 4 baths, 3,542 sqft single family home for sale at $499,900 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,000/mo and returns -$1,569/mo a month at a 2.9% 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
- $2,000/mo
- Monthly cash flow
- -$1,569/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $237,500
Offer ≤ $237,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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