For saleSingle family

$155,000

312 Lincoln Ave

Crookston MN 56716

2 beds, 1 bath, 1,760 sqft

312 Lincoln Ave is a 2 beds, 1 bath, 1,760 sqft single family home for sale at $155,000 in Crookston MN 56716. At 20% down it rents for an estimated $1,375/mo and returns $288/mo a month at a 8.7% 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
$1,375/mo
Monthly cash flow
$288/mo
Cap rate
8.7%
Cash-on-cash
11.1%
Max offer
$155,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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