For saleSingle family
$949,000
818 Mayflower Ct
Northfield MN 55057
4 beds, 4 baths, 6,049 sqft
818 Mayflower Ct is a 4 beds, 4 baths, 6,049 sqft single family home for sale at $949,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,475/mo and returns -$4,300/mo a month at a 1.2% 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
- $2,475/mo
- Monthly cash flow
- -$4,300/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.2%
- Max offer
- $296,000
Offer ≤ $296,000 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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