For saleSingle family
$469,900
1317 7th St N
Cannon Falls MN 55009
4 beds, 3 baths, 3,033 sqft
1317 7th St N is a 4 beds, 3 baths, 3,033 sqft single family home for sale at $469,900 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,250/mo and returns -$1,105/mo a month at a 3.8% 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
- $2,250/mo
- Monthly cash flow
- -$1,105/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.1%
- Max offer
- $266,500
Offer ≤ $266,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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