For saleTownhouse

$250,000

1209 3rd St S

Princeton MN 55371

3 beds, 2 baths, 1,756 sqft

1209 3rd St S is a 3 beds, 2 baths, 1,756 sqft townhouse home for sale at $250,000 in Princeton MN 55371. At 20% down it rents for an estimated $2,350/mo and returns $399/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
$2,350/mo
Monthly cash flow
$399/mo
Cap rate
8.4%
Cash-on-cash
9.6%
Max offer
$250,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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