For saleSingle family
$200,000
314 6th St N
Cannon Falls MN 55009
3 beds, 2 baths, 1,652 sqft
314 6th St N is a 3 beds, 2 baths, 1,652 sqft single family home for sale at $200,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,000/mo and returns $572/mo a month at a 10.1% 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
- $2,000/mo
- Monthly cash flow
- $572/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $200,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading