For saleSingle family
$348,787
1211 Archibald Ct
Northfield MN 55057
4 beds, 3 baths, 2,368 sqft
1211 Archibald Ct is a 4 beds, 3 baths, 2,368 sqft single family home for sale at $348,787 in Northfield MN 55057. At 20% down it rents for an estimated $2,475/mo and returns -$15/mo a month at a 6.6% 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
- -$15/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.3%
- Max offer
- $292,500
Offer ≤ $292,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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