For saleSingle family
$97,000
611 Walsh St
Crookston MN 56716
2 beds, 1 bath, 1,656 sqft
611 Walsh St is a 2 beds, 1 bath, 1,656 sqft single family home for sale at $97,000 in Crookston MN 56716. At 20% down it rents for an estimated $800/mo and returns $108/mo a month at a 8.0% 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
- $800/mo
- Monthly cash flow
- $108/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.7%
- Max offer
- $94,000
Offer ≤ $94,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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