For saleSingle family

$145,000

905 Poplar St

Crosby MN 56441

1 bed, 1 bath, 770 sqft

905 Poplar St is a 1 bed, 1 bath, 770 sqft single family home for sale at $145,000 in Crosby MN 56441. At 20% down it rents for an estimated $1,275/mo and returns $258/mo a month at a 8.7% 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
$258/mo
Cap rate
8.7%
Cash-on-cash
10.7%
Max offer
$145,000

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

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