For saleSingle family
$205,000
132 2nd St NE
Crosby MN 56441
2 beds, 1 bath, 1,140 sqft
132 2nd St NE is a 2 beds, 1 bath, 1,140 sqft single family home for sale at $205,000 in Crosby MN 56441. At 20% down it rents for an estimated $2,250/mo and returns $812/mo a month at a 11.3% 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
- $812/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.8%
- Max offer
- $205,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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