For saleTownhouse

$249,900

1313 Constitutional Dr

Northfield MN 55057

3 beds, 2 baths, 1,438 sqft

1313 Constitutional Dr is a 3 beds, 2 baths, 1,438 sqft townhouse home for sale at $249,900 in Northfield MN 55057. At 20% down it rents for an estimated $2,075/mo and returns $179/mo a month at a 7.4% 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
$2,075/mo
Monthly cash flow
$179/mo
Cap rate
7.4%
Cash-on-cash
4.3%
Max offer
$230,000

Offer ≤ $230,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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