For saleSingle family
$559,000
5090 323rd Street Way
Cannon Falls MN 55009
4 beds, 2 baths, 2,097 sqft
5090 323rd Street Way is a 4 beds, 2 baths, 2,097 sqft single family home for sale at $559,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,250/mo and returns -$1,741/mo a month at a 2.9% 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
- $2,250/mo
- Monthly cash flow
- -$1,741/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.7%
- Max offer
- $267,500
Offer ≤ $267,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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