For saleSingle family
$586,900
563 Summit Ave
Dundas MN 55019
5 beds, 3.5 baths, 3,322 sqft
563 Summit Ave is a 5 beds, 3.5 baths, 3,322 sqft single family home for sale at $586,900 in Dundas MN 55019. At 20% down it rents for an estimated $2,800/mo and returns -$1,390/mo a month at a 3.8% 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
- -$1,390/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.2%
- Max offer
- $332,000
Offer ≤ $332,000 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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