Pending saleSingle family
$504,000
132 Aspen Ct
Cannon Falls MN 55009
4 beds, 3 baths, 2,883 sqft
132 Aspen Ct is a 4 beds, 3 baths, 2,883 sqft single family home pending sale at $504,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,250/mo and returns -$1,348/mo a month at a 3.5% 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
- -$1,348/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $267,000
Offer ≤ $267,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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