For saleTownhouse
$229,900
310 10th Ave NW
Byron MN 55920
3 beds, 2 baths, 1,488 sqft
310 10th Ave NW is a 3 beds, 2 baths, 1,488 sqft townhouse home for sale at $229,900 in Byron MN 55920. At 20% down it rents for an estimated $2,000/mo and returns $185/mo a month at a 7.6% 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
- $2,000/mo
- Monthly cash flow
- $185/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $214,500
Offer ≤ $214,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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