For saleMulti-family
$435,000
4625 280th St W
Northfield MN 55057
5 beds, 2 baths, 2,860 sqft
4625 280th St W is a 5 beds, 2 baths, 2,860 sqft multi-family home for sale at $435,000 in Northfield MN 55057. At 20% down it rents for an estimated $3,500/mo and returns $395/mo a month at a 7.8% 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
- $3,500/mo
- Monthly cash flow
- $395/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.4%
- Max offer
- $413,000
Offer ≤ $413,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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