For saleSingle family
$399,900
516 4th Ave NE
Byron MN 55920
4 beds, 2 baths, 2,064 sqft
516 4th Ave NE is a 4 beds, 2 baths, 2,064 sqft single family home for sale at $399,900 in Byron MN 55920. At 20% down it rents for an estimated $2,800/mo and returns -$55/mo a month at a 6.5% 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
- $2,800/mo
- Monthly cash flow
- -$55/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $330,500
Offer ≤ $330,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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