For saleTownhouse

$300,000

2402 Elianna Dr

Northfield MN 55057

4 beds, 2.5 baths, 1,749 sqft

2402 Elianna Dr is a 4 beds, 2.5 baths, 1,749 sqft townhouse home for sale at $300,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,700/mo and returns $434/mo a month at a 8.3% 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
$2,700/mo
Monthly cash flow
$434/mo
Cap rate
8.3%
Cash-on-cash
8.7%
Max offer
$300,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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