For saleSingle family
$524,950
509 7th St NW
Byron MN 55920
4 beds, 4 baths, 3,064 sqft
509 7th St NW is a 4 beds, 4 baths, 3,064 sqft single family home for sale at $524,950 in Byron MN 55920. At 20% down it rents for an estimated $2,200/mo and returns -$1,547/mo a month at a 3.1% 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
- $2,200/mo
- Monthly cash flow
- -$1,547/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.7%
- Max offer
- $261,000
Offer ≤ $261,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading