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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