For saleTownhouse
$300,000
1103 N Rum River Dr
Princeton MN 55371
3 beds, 3 baths, 1,898 sqft
1103 N Rum River Dr is a 3 beds, 3 baths, 1,898 sqft townhouse home for sale at $300,000 in Princeton MN 55371. At 20% down it rents for an estimated $1,825/mo and returns -$481/mo a month at a 4.7% 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
- $1,825/mo
- Monthly cash flow
- -$481/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.6%
- Max offer
- $190,500
Offer ≤ $190,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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