For saleSingle family
$289,900
5940 Rhode Island Ave N
Crystal MN 55428
3 beds, 2 baths, 1,450 sqft
5940 Rhode Island Ave N is a 3 beds, 2 baths, 1,450 sqft single family home for sale at $289,900 in Crystal MN 55428. At 20% down it rents for an estimated $2,500/mo and returns $430/mo a month at a 8.4% 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
- $2,500/mo
- Monthly cash flow
- $430/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.9%
- Max offer
- $289,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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