For saleTownhouse

$234,900

214 11th Ave S

Princeton MN 55371

2 beds, 1.5 baths, 1,300 sqft

214 11th Ave S is a 2 beds, 1.5 baths, 1,300 sqft townhouse home for sale at $234,900 in Princeton MN 55371. At 20% down it rents for an estimated $2,075/mo and returns $223/mo a month at a 7.7% 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
$2,075/mo
Monthly cash flow
$223/mo
Cap rate
7.7%
Cash-on-cash
5.7%
Max offer
$223,500

Offer ≤ $223,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.