For saleSingle family
$215,000
5969 60th St
Princeton MN 55371
5 beds, 2 baths, 1,615 sqft
5969 60th St is a 5 beds, 2 baths, 1,615 sqft single family home for sale at $215,000 in Princeton MN 55371. At 20% down it rents for an estimated $2,275/mo and returns $740/mo a month at a 10.8% 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
- $2,275/mo
- Monthly cash flow
- $740/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 20.7%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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