For saleSingle family
$159,900
503 Franklin Ave
Crosby MN 56441
1 bed, 2 baths, 756 sqft
503 Franklin Ave is a 1 bed, 2 baths, 756 sqft single family home for sale at $159,900 in Crosby MN 56441. At 20% down it rents for an estimated $1,275/mo and returns $154/mo a month at a 7.7% 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
- $1,275/mo
- Monthly cash flow
- $154/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.8%
- Max offer
- $152,500
Offer ≤ $152,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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