For saleSingle family

$323,000

301 Aster Dr

Northfield MN 55057

3 beds, 2 baths, 1,681 sqft

301 Aster Dr is a 3 beds, 2 baths, 1,681 sqft single family home for sale at $323,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,500/mo and returns $235/mo a month at a 7.4% 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
$235/mo
Cap rate
7.4%
Cash-on-cash
4.4%
Max offer
$299,500

Offer ≤ $299,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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