For saleSingle family
$489,000
15064 116th Ave N
Dayton MN 55369
4 beds, 2.5 baths, 1,882 sqft
15064 116th Ave N is a 4 beds, 2.5 baths, 1,882 sqft single family home for sale at $489,000 in Dayton MN 55369. At 20% down it rents for an estimated $3,000/mo and returns -$491/mo a month at a 5.5% 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
- $3,000/mo
- Monthly cash flow
- -$491/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -6.0%
- Max offer
- $354,500
Offer ≤ $354,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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