For saleSingle family
$268,000
1221 Jefferson Rd
Northfield MN 55057
4 beds, 1 bath, 1,405 sqft
1221 Jefferson Rd is a 4 beds, 1 bath, 1,405 sqft single family home for sale at $268,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,475/mo and returns $562/mo a month at a 9.2% 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
- $562/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.6%
- Max offer
- $268,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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