For saleSingle family

$280,000

1513 Eisenhower Ct

Northfield MN 55057

4 beds, 2 baths, 2,199 sqft

1513 Eisenhower Ct is a 4 beds, 2 baths, 2,199 sqft single family home for sale at $280,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,475/mo and returns $476/mo a month at a 8.7% 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
$476/mo
Cap rate
8.7%
Cash-on-cash
10.2%
Max offer
$280,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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