For saleSingle family
$239,900
511 4th Ave NE
Crookston MN 56716
4 beds, 2 baths, 2,184 sqft
511 4th Ave NE is a 4 beds, 2 baths, 2,184 sqft single family home for sale at $239,900 in Crookston MN 56716. At 20% down it rents for an estimated $1,725/mo and returns $42/mo a month at a 6.7% 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
- $42/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.1%
- Max offer
- $206,500
Offer ≤ $206,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.