For saleSingle family
$269,900
609 2nd Ave SW
Cambridge MN 55008
3 beds, 2 baths, 1,394 sqft
609 2nd Ave SW is a 3 beds, 2 baths, 1,394 sqft single family home for sale at $269,900 in Cambridge MN 55008. At 20% down it rents for an estimated $2,000/mo and returns $107/mo a month at a 7.0% 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
- $107/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.4%
- Max offer
- $239,500
Offer ≤ $239,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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