For saleSingle family
$450,000
622 7th Ave NE
Byron MN 55920
2 beds, 2 baths, 1,100 sqft
622 7th Ave NE is a 2 beds, 2 baths, 1,100 sqft single family home for sale at $450,000 in Byron MN 55920. At 20% down it rents for an estimated $1,800/mo and returns -$1,412/mo a month at a 2.9% 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
- $1,800/mo
- Monthly cash flow
- -$1,412/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $214,000
Offer ≤ $214,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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