For saleSingle family

$279,900

109 2nd St NW

Crosby MN 56441

3 beds, 2 baths, 1,908 sqft

109 2nd St NW is a 3 beds, 2 baths, 1,908 sqft single family home for sale at $279,900 in Crosby MN 56441. At 20% down it rents for an estimated $2,550/mo and returns $587/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
$2,550/mo
Monthly cash flow
$587/mo
Cap rate
9.0%
Cash-on-cash
12.6%
Max offer
$279,900

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

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