For saleSingle family

$209,000

201 4th St NE

Crosby MN 56441

2 beds, 1 bath, 1,152 sqft

201 4th St NE is a 2 beds, 1 bath, 1,152 sqft single family home for sale at $209,000 in Crosby MN 56441. At 20% down it rents for an estimated $1,900/mo and returns $434/mo a month at a 9.0% 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
$1,900/mo
Monthly cash flow
$434/mo
Cap rate
9.0%
Cash-on-cash
12.5%
Max offer
$209,000

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

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