For saleSingle family

$305,000

3508 Quail Ave N

Crystal MN 55422

3 beds, 2 baths, 1,644 sqft

3508 Quail Ave N is a 3 beds, 2 baths, 1,644 sqft single family home for sale at $305,000 in Crystal MN 55422. At 20% down it rents for an estimated $2,300/mo and returns $161/mo a month at a 7.1% 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
$2,300/mo
Monthly cash flow
$161/mo
Cap rate
7.1%
Cash-on-cash
3.2%
Max offer
$275,500

Offer ≤ $275,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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