For saleSingle family

$469,000

268 Tower Ave

Dundas MN 55019

6 beds, 3 baths, 2,561 sqft

268 Tower Ave is a 6 beds, 3 baths, 2,561 sqft single family home for sale at $469,000 in Dundas MN 55019. At 20% down it rents for an estimated $3,125/mo and returns -$223/mo a month at a 6.1% 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
$3,125/mo
Monthly cash flow
-$223/mo
Cap rate
6.1%
Cash-on-cash
-2.9%
Max offer
$369,500

Offer ≤ $369,500 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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