For saleSingle family
$485,000
1008 4th Ave NE
Byron MN 55920
4 beds, 3 baths, 2,390 sqft
1008 4th Ave NE is a 4 beds, 3 baths, 2,390 sqft single family home for sale at $485,000 in Byron MN 55920. At 20% down it rents for an estimated $2,400/mo and returns -$1,062/mo a month at a 4.0% 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
- $2,400/mo
- Monthly cash flow
- -$1,062/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.1%
- Max offer
- $284,500
Offer ≤ $284,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading