For saleSingle family

$299,900

8026 Hynes Ave S

Cottage Grove MN 55016

5 beds, 2 baths, 1,880 sqft

8026 Hynes Ave S is a 5 beds, 2 baths, 1,880 sqft single family home for sale at $299,900 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,900/mo and returns $797/mo a month at a 9.7% 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
$2,900/mo
Monthly cash flow
$797/mo
Cap rate
9.7%
Cash-on-cash
15.9%
Max offer
$299,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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