For saleSingle family

$269,000

1318 Sunny St

Crookston MN 56716

2 beds, 2 baths, 1,440 sqft

1318 Sunny St is a 2 beds, 2 baths, 1,440 sqft single family home for sale at $269,000 in Crookston MN 56716. At 20% down it rents for an estimated $800/mo and returns -$1,120/mo a month at a 1.7% 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
$800/mo
Monthly cash flow
-$1,120/mo
Cap rate
1.7%
Cash-on-cash
-25.0%
Max offer
$95,500

Offer ≤ $95,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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