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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