For saleSingle family

$215,000

306 E Crawford St

Luverne MN 56156

3 beds, 2 baths, 1,476 sqft

306 E Crawford St is a 3 beds, 2 baths, 1,476 sqft single family home for sale at $215,000 in Luverne MN 56156. At 20% down it rents for an estimated $1,025/mo and returns -$510/mo a month at a 3.8% 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
$1,025/mo
Monthly cash flow
-$510/mo
Cap rate
3.8%
Cash-on-cash
-14.2%
Max offer
$121,500

Offer ≤ $121,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading