For saleTownhouse
$219,900
1105 Park St W Apt 5
Cannon Falls MN 55009
2 beds, 1 bath, 1,632 sqft
1105 Park St W Apt 5 is a 2 beds, 1 bath, 1,632 sqft townhouse home for sale at $219,900 in Cannon Falls MN 55009. At 20% down it rents for an estimated $1,750/mo and returns $6/mo a month at a 6.7% 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
- $6/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.2%
- Max offer
- $184,000
Offer ≤ $184,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading