For saleSingle family
$276,000
50 Jefferson Dr
Northfield MN 55057
3 beds, 2 baths, 1,812 sqft
50 Jefferson Dr is a 3 beds, 2 baths, 1,812 sqft single family home for sale at $276,000 in Northfield MN 55057. At 20% down it rents for an estimated $2,125/mo and returns $155/mo a month at a 7.3% 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
- $2,125/mo
- Monthly cash flow
- $155/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.4%
- Max offer
- $250,500
Offer ≤ $250,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading