For saleSingle family

$454,900

6667 Cedar Hills Dr

Cannon Falls MN 55009

5 beds, 3 baths, 2,612 sqft

6667 Cedar Hills Dr is a 5 beds, 3 baths, 2,612 sqft single family home for sale at $454,900 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,475/mo and returns -$772/mo a month at a 4.6% 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
-$772/mo
Cap rate
4.6%
Cash-on-cash
-10.2%
Max offer
$293,000

Offer ≤ $293,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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