$229,900
1108 Highland Ave
Northfield MN 55057
4 beds, 2 baths, 2,082 sqft
1108 Highland Ave is a 4 beds, 2 baths, 2,082 sqft townhouse home for sale at $229,900 in Northfield MN 55057. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.
$229,900
1108 Highland Ave
Northfield MN 55057
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Pro forma
Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (18% of rent, about $500/mo for management, vacancy, maintenance and CapEx) would put cash flow at $545/mo. Set your own below.
Monthly payment (PITI)
- Principal & interest$1,111
- Property tax$230
- Insurance$29
- HOA$360
- Total payment$1,730/mo
Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above. Insurance runs lighter here: the association’s dues cover the structure’s master policy and exterior upkeep.
Cash you'd need to close (est.)
- Down payment (25.0%)$57,475
- Closing costs (~3%: title, lender, prepaid escrow)$6,897
- Reserves (2 months of payments)$3,460
- Total cash to close$67,832
An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.
Where it sits
1108 Highland Ave in context — the streets, water and amenities around it.
Property details
1108 Highland Ave · Northfield MN 55057
- Beds
- 4
- Baths
- 2
- Square feet
- 2,082
- Price / sqft
- $110
- Home type
- Townhouse
- Days on market
- 7 days
- HOA
- $360/mo
- Status
- For Sale
Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.