For saleSingle family
$95,000
1306 Crestview Rd
Albert Lea MN 56007
2 beds, 1 bath, 960 sqft
1306 Crestview Rd is a 2 beds, 1 bath, 960 sqft single family home for sale at $95,000 in Albert Lea MN 56007. At 20% down it rents for an estimated $950/mo and returns $272/mo a month at a 10.1% 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
- $950/mo
- Monthly cash flow
- $272/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $95,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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