For saleTownhouse
$221,500
568 Cannon Way
Dundas MN 55019
2 beds, 2 baths, 1,404 sqft
568 Cannon Way is a 2 beds, 2 baths, 1,404 sqft townhouse home for sale at $221,500 in Dundas MN 55019. At 20% down it rents for an estimated $1,700/mo and returns -$120/mo a month at a 6.0% 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
- $1,700/mo
- Monthly cash flow
- -$120/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.2%
- Max offer
- $170,000
Offer ≤ $170,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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