For saleSingle family
$215,000
716 N Broadway
Crookston MN 56716
4 beds, 2 baths, 3,400 sqft
716 N Broadway is a 4 beds, 2 baths, 3,400 sqft single family home for sale at $215,000 in Crookston MN 56716. At 20% down it rents for an estimated $1,725/mo and returns $217/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
- $1,725/mo
- Monthly cash flow
- $217/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.1%
- Max offer
- $206,500
Offer ≤ $206,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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