Pending saleSingle family
$218,000
422 Grant St
Crookston MN 56716
3 beds, 3 baths, 2,038 sqft
422 Grant St is a 3 beds, 3 baths, 2,038 sqft single family home pending sale at $218,000 in Crookston MN 56716. At 20% down it rents for an estimated $900/mo and returns -$656/mo a month at a 3.1% 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
- -$656/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.1%
- Max offer
- $106,500
Offer ≤ $106,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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