For saleSingle family

$295,000

6828 51st Pl N

Crystal MN 55428

3 beds, 1 bath, 1,179 sqft

6828 51st Pl N is a 3 beds, 1 bath, 1,179 sqft single family home for sale at $295,000 in Crystal MN 55428. At 20% down it rents for an estimated $2,225/mo and returns $156/mo a month at a 7.2% 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
$2,225/mo
Monthly cash flow
$156/mo
Cap rate
7.2%
Cash-on-cash
3.2%
Max offer
$266,500

Offer ≤ $266,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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