For saleSingle family
$260,000
26337 214th Ave SW
Crookston MN 56716
4 beds, 0.5 baths, 3,088 sqft
26337 214th Ave SW is a 4 beds, 0.5 baths, 3,088 sqft single family home for sale at $260,000 in Crookston MN 56716. At 20% down it rents for an estimated $1,000/mo and returns -$856/mo a month at a 2.7% 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
- $1,000/mo
- Monthly cash flow
- -$856/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.8%
- Max offer
- $118,500
Offer ≤ $118,500 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading