For saleSingle family
$300,000
1401 3rd St S
Princeton MN 55371
3 beds, 2 baths, 1,601 sqft
1401 3rd St S is a 3 beds, 2 baths, 1,601 sqft single family home for sale at $300,000 in Princeton MN 55371. At 20% down it rents for an estimated $2,575/mo and returns $471/mo a month at a 8.4% 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
- $2,575/mo
- Monthly cash flow
- $471/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.4%
- Max offer
- $300,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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