For saleSingle family
$350,000
14847 307th Ave NW
Princeton MN 55371
2 beds, 2 baths, 1,075 sqft
14847 307th Ave NW is a 2 beds, 2 baths, 1,075 sqft single family home for sale at $350,000 in Princeton MN 55371. At 20% down it rents for an estimated $1,625/mo and returns -$874/mo a month at a 3.7% 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
- $1,625/mo
- Monthly cash flow
- -$874/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -15.0%
- Max offer
- $192,500
Offer ≤ $192,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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