For saleSingle family

$385,000

14318 316th Ave

Princeton MN 55371

3 beds, 1 bath, 1,295 sqft

14318 316th Ave is a 3 beds, 1 bath, 1,295 sqft single family home for sale at $385,000 in Princeton MN 55371. At 20% down it rents for an estimated $1,825/mo and returns -$923/mo a month at a 3.8% 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
$1,825/mo
Monthly cash flow
-$923/mo
Cap rate
3.8%
Cash-on-cash
-14.4%
Max offer
$216,500

Offer ≤ $216,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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