For saleSingle family
$399,900
406 Ivanhoe Ave W
Northfield MN 55057
4 beds, 2.5 baths, 2,446 sqft
406 Ivanhoe Ave W is a 4 beds, 2.5 baths, 2,446 sqft single family home for sale at $399,900 in Northfield MN 55057. At 20% down it rents for an estimated $2,850/mo and returns $45/mo a month at a 6.7% 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
- $2,850/mo
- Monthly cash flow
- $45/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.7%
- Max offer
- $341,500
Offer ≤ $341,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.