For saleSingle family
$452,000
529 Cedar Ln
Crookston MN 56716
6 beds, 4 baths, 4,482 sqft
529 Cedar Ln is a 6 beds, 4 baths, 4,482 sqft single family home for sale at $452,000 in Crookston MN 56716. At 20% down it rents for an estimated $1,125/mo and returns -$2,102/mo a month at a 1.1% 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
- $1,125/mo
- Monthly cash flow
- -$2,102/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.9%
- Max offer
- $134,500
Offer ≤ $134,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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