For saleSingle family
$130,000
520 W 6th St
Crookston MN 56716
2 beds, 1 bath, 1,373 sqft
520 W 6th St is a 2 beds, 1 bath, 1,373 sqft single family home for sale at $130,000 in Crookston MN 56716. At 20% down it rents for an estimated $800/mo and returns -$128/mo a month at a 5.5% 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
- -$128/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.9%
- Max offer
- $94,500
Offer ≤ $94,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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