For saleTownhouse
$264,000
233 Pine St
Cannon Falls MN 55009
3 beds, 2 baths, 1,528 sqft
233 Pine St is a 3 beds, 2 baths, 1,528 sqft townhouse home for sale at $264,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,000/mo and returns -$39/mo a month at a 6.5% 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
- -$39/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.9%
- Max offer
- $215,500
Offer ≤ $215,500 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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