For saleTownhouse
$257,500
1128 Highland Ave
Northfield MN 55057
3 beds, 2.5 baths, 1,871 sqft
1128 Highland Ave is a 3 beds, 2.5 baths, 1,871 sqft townhouse home for sale at $257,500 in Northfield MN 55057. At 20% down it rents for an estimated $2,075/mo and returns $52/mo a month at a 6.8% 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
- $2,075/mo
- Monthly cash flow
- $52/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.2%
- Max offer
- $220,500
Offer ≤ $220,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.