For saleSingle family
$193,500
219 2nd Ave N
Crookston MN 56716
5 beds, 2 baths, 2,608 sqft
219 2nd Ave N is a 5 beds, 2 baths, 2,608 sqft single family home for sale at $193,500 in Crookston MN 56716. At 20% down it rents for an estimated $1,125/mo and returns -$256/mo a month at a 5.1% 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
- $1,125/mo
- Monthly cash flow
- -$256/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.9%
- Max offer
- $133,000
Offer ≤ $133,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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