For saleSingle family
$320,000
5637 Rhode Island Ave N
Crystal MN 55428
3 beds, 2 baths, 1,498 sqft
5637 Rhode Island Ave N is a 3 beds, 2 baths, 1,498 sqft single family home for sale at $320,000 in Crystal MN 55428. At 20% down it rents for an estimated $2,500/mo and returns $216/mo a month at a 7.5% 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
- $2,500/mo
- Monthly cash flow
- $216/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $295,000
Offer ≤ $295,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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