For saleSingle family
$575,000
111 W Colvill St
Cannon Falls MN 55009
5 beds, 4 baths, 3,484 sqft
111 W Colvill St is a 5 beds, 4 baths, 3,484 sqft single family home for sale at $575,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,475/mo and returns -$1,630/mo a month at a 3.3% 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
- $2,475/mo
- Monthly cash flow
- -$1,630/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.0%
- Max offer
- $293,500
Offer ≤ $293,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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