For saleSingle family
$269,900
415 15th Ave S
Princeton MN 55371
4 beds, 2 baths, 1,761 sqft
415 15th Ave S is a 4 beds, 2 baths, 1,761 sqft single family home for sale at $269,900 in Princeton MN 55371. At 20% down it rents for an estimated $2,625/mo and returns $732/mo a month at a 9.8% 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
- $2,625/mo
- Monthly cash flow
- $732/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 16.3%
- Max offer
- $269,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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