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 $3,300/mo and returns $1,159/mo a month at a 11.3% 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
- $3,300/mo
- Monthly cash flow
- $1,159/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.2%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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