For saleTownhouse
$299,900
412 3rd Ave NW
Byron MN 55920
2 beds, 2 baths, 1,462 sqft
412 3rd Ave NW is a 2 beds, 2 baths, 1,462 sqft townhouse home for sale at $299,900 in Byron MN 55920. At 20% down it rents for an estimated $1,750/mo and returns -$532/mo a month at a 4.5% 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
- $1,750/mo
- Monthly cash flow
- -$532/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.7%
- Max offer
- $184,000
Offer ≤ $184,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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