For saleSingle family
$549,900
6594 Aspen Rd
Princeton MN 55371
5 beds, 3 baths, 2,612 sqft
6594 Aspen Rd is a 5 beds, 3 baths, 2,612 sqft single family home for sale at $549,900 in Princeton MN 55371. At 20% down it rents for an estimated $2,275/mo and returns -$1,651/mo a month at a 3.1% 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
- $2,275/mo
- Monthly cash flow
- -$1,651/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $270,000
Offer ≤ $270,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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