For saleTownhouse
$415,000
507 Cannon Way
Dundas MN 55019
3 beds, 3 baths, 2,658 sqft
507 Cannon Way is a 3 beds, 3 baths, 2,658 sqft townhouse home for sale at $415,000 in Dundas MN 55019. At 20% down it rents for an estimated $2,125/mo and returns -$902/mo a month at a 4.1% 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
- $2,125/mo
- Monthly cash flow
- -$902/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -13.0%
- Max offer
- $234,500
Offer ≤ $234,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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