For saleSingle family

$172,500

1313 Albert St

Crookston MN 56716

3 beds, 3 baths, 2,716 sqft

1313 Albert St is a 3 beds, 3 baths, 2,716 sqft single family home for sale at $172,500 in Crookston MN 56716. At 20% down it rents for an estimated $900/mo and returns -$331/mo a month at a 4.4% 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
-$331/mo
Cap rate
4.4%
Cash-on-cash
-11.5%
Max offer
$106,500

Offer ≤ $106,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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