For saleTownhouse
$314,900
430 Ford St E
Northfield MN 55057
3 beds, 3 baths, 1,960 sqft
430 Ford St E is a 3 beds, 3 baths, 1,960 sqft townhouse home for sale at $314,900 in Northfield MN 55057. At 20% down it rents for an estimated $2,025/mo and returns -$378/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
- $2,025/mo
- Monthly cash flow
- -$378/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.2%
- Max offer
- $216,000
Offer ≤ $216,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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