For saleSingle family
$375,000
1004 S 5th St
Princeton MN 55371
2 beds, 2 baths, 1,371 sqft
1004 S 5th St is a 2 beds, 2 baths, 1,371 sqft single family home for sale at $375,000 in Princeton MN 55371. At 20% down it rents for an estimated $1,375/mo and returns -$1,302/mo a month at a 2.5% 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
- $1,375/mo
- Monthly cash flow
- -$1,302/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.8%
- Max offer
- $163,500
Offer ≤ $163,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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