For saleTownhouse
$280,000
1007 N Rum River Dr
Princeton MN 55371
3 beds, 3 baths, 2,356 sqft
1007 N Rum River Dr is a 3 beds, 3 baths, 2,356 sqft townhouse home for sale at $280,000 in Princeton MN 55371. At 20% down it rents for an estimated $1,825/mo and returns -$348/mo a month at a 5.2% 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
- $1,825/mo
- Monthly cash flow
- -$348/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.4%
- Max offer
- $190,500
Offer ≤ $190,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading