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 $750/mo and returns $70/mo a month at a 7.4% 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
$750/mo
Monthly cash flow
$70/mo
Cap rate
7.4%
Cash-on-cash
4.3%
Max offer
$89,500

Offer ≤ $89,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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