For saleSingle family
$829,000
8758 280th St E
Cannon Falls MN 55009
5 beds, 4 baths, 3,684 sqft
8758 280th St E is a 5 beds, 4 baths, 3,684 sqft single family home for sale at $829,000 in Cannon Falls MN 55009. At 20% down it rents for an estimated $2,475/mo and returns -$3,443/mo a month at a 1.7% 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
- $2,475/mo
- Monthly cash flow
- -$3,443/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.9%
- Max offer
- $295,500
Offer ≤ $295,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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