For saleSingle family
$459,900
312 7th Ave S
Princeton MN 55371
5 beds, 2.5 baths, 2,751 sqft
312 7th Ave S is a 5 beds, 2.5 baths, 2,751 sqft single family home for sale at $459,900 in Princeton MN 55371. At 20% down it rents for an estimated $1,925/mo and returns -$1,358/mo a month at a 3.1% 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
- $1,925/mo
- Monthly cash flow
- -$1,358/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.7%
- Max offer
- $228,500
Offer ≤ $228,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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