For saleSingle family
$89,900
512 6th St W
Crookston MN 56716
3 beds, 2 baths, 1,096 sqft
512 6th St W is a 3 beds, 2 baths, 1,096 sqft single family home for sale at $89,900 in Crookston MN 56716. At 20% down it rents for an estimated $900/mo and returns $258/mo a month at a 10.1% 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
- $900/mo
- Monthly cash flow
- $258/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $89,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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