For saleSingle family

$325,000

412 Plum St N

Northfield MN 55057

3 beds, 2 baths, 1,920 sqft

412 Plum St N is a 3 beds, 2 baths, 1,920 sqft single family home for sale at $325,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,500/mo and returns $221/mo a month at a 7.3% 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
$2,500/mo
Monthly cash flow
$221/mo
Cap rate
7.3%
Cash-on-cash
4.1%
Max offer
$299,500

Offer ≤ $299,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.