For saleSingle family

$320,000

1206 3rd St N

Princeton MN 55371

4 beds, 1.5 baths, 1,908 sqft

1206 3rd St N is a 4 beds, 1.5 baths, 1,908 sqft single family home for sale at $320,000 in Princeton MN 55371. At 20% down it rents for an estimated $2,625/mo and returns $381/mo a month at a 7.9% 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
$2,625/mo
Monthly cash flow
$381/mo
Cap rate
7.9%
Cash-on-cash
7.1%
Max offer
$314,500

Offer ≤ $314,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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