For saleSingle family
$52,500
317 Pleasant Ave
Crookston MN 56716
3 beds, 1 bath, 1,792 sqft
317 Pleasant Ave is a 3 beds, 1 bath, 1,792 sqft single family home for sale at $52,500 in Crookston MN 56716. At 20% down it rents for an estimated $900/mo and returns $525/mo a month at a 18.7% 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
- $525/mo
- Cap rate
- 18.7%
- Cash-on-cash
- 60.0%
- Max offer
- $52,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading