For saleSingle family

$225,000

307 13th Ave N

Princeton MN 55371

4 beds, 2 baths, 1,785 sqft

307 13th Ave N is a 4 beds, 2 baths, 1,785 sqft single family home for sale at $225,000 in Princeton MN 55371. At 20% down it rents for an estimated $2,625/mo and returns $1,047/mo a month at a 12.1% 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
$2,625/mo
Monthly cash flow
$1,047/mo
Cap rate
12.1%
Cash-on-cash
27.9%
Max offer
$225,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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