For saleSingle family
$399,900
415 Plum St N
Northfield MN 55057
4 beds, 2 baths, 1,863 sqft
415 Plum St N is a 4 beds, 2 baths, 1,863 sqft single family home for sale at $399,900 in Northfield MN 55057. At 20% down it rents for an estimated $2,475/mo and returns -$380/mo a month at a 5.5% 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
- -$380/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.7%
- Max offer
- $292,500
Offer ≤ $292,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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