For saleSingle family

$239,900

413 1st St SW

Crosby MN 56441

2 beds, 1 bath, 1,037 sqft

413 1st St SW is a 2 beds, 1 bath, 1,037 sqft single family home for sale at $239,900 in Crosby MN 56441. At 20% down it rents for an estimated $2,250/mo and returns $567/mo a month at a 9.4% 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
$2,250/mo
Monthly cash flow
$567/mo
Cap rate
9.4%
Cash-on-cash
14.2%
Max offer
$239,900

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

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