For saleSingle family
$629,900
6839 Timberview Ct
Cannon Falls MN 55009
3 beds, 2.5 baths, 3,061 sqft
6839 Timberview Ct is a 3 beds, 2.5 baths, 3,061 sqft single family home for sale at $629,900 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,000/mo and returns -$2,497/mo a month at a 1.9% 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
- $2,000/mo
- Monthly cash flow
- -$2,497/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.8%
- Max offer
- $238,500
Offer ≤ $238,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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