For saleTownhouse
$199,900
1102 Park St W Unit 4
Cannon Falls MN 55009
2 beds, 1 bath, 1,292 sqft
1102 Park St W Unit 4 is a 2 beds, 1 bath, 1,292 sqft townhouse home for sale at $199,900 in Cannon Falls MN 55009. At 20% down it rents for an estimated $1,750/mo and returns $140/mo a month at a 7.5% 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
- $1,750/mo
- Monthly cash flow
- $140/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $184,000
Offer ≤ $184,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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