For saleSingle family
$300,000
117 Linden St N
Northfield MN 55057
2 beds, 1 bath, 1,100 sqft
117 Linden St N is a 2 beds, 1 bath, 1,100 sqft single family home for sale at $300,000 in Northfield MN 55057. At 20% down it rents for an estimated $1,900/mo and returns -$242/mo a month at a 5.7% 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
- $1,900/mo
- Monthly cash flow
- -$242/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.8%
- Max offer
- $224,500
Offer ≤ $224,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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