For saleSingle family
$659,900
855 Towne Dr NE
Byron MN 55920
4 beds, 3.5 baths, 3,032 sqft
855 Towne Dr NE is a 4 beds, 3.5 baths, 3,032 sqft single family home for sale at $659,900 in Byron MN 55920. At 20% down it rents for an estimated $2,800/mo and returns -$1,911/mo a month at a 3.2% 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
- $2,800/mo
- Monthly cash flow
- -$1,911/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.4%
- Max offer
- $332,500
Offer ≤ $332,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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