For saleTownhouse
$235,000
915 N Rum River Dr
Princeton MN 55371
2 beds, 2 baths, 1,196 sqft
915 N Rum River Dr is a 2 beds, 2 baths, 1,196 sqft townhouse home for sale at $235,000 in Princeton MN 55371. At 20% down it rents for an estimated $1,625/mo and returns -$257/mo a month at a 5.4% 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
- $1,625/mo
- Monthly cash flow
- -$257/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.6%
- Max offer
- $164,000
Offer ≤ $164,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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