For saleSingle family
$375,000
6364 Crosby Ave
Inver Grove Heights MN 55076
4 beds, 2 baths, 2,003 sqft
6364 Crosby Ave is a 4 beds, 2 baths, 2,003 sqft single family home for sale at $375,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,600/mo and returns -$77/mo a month at a 6.4% 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
- $2,600/mo
- Monthly cash flow
- -$77/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.2%
- Max offer
- $307,000
Offer ≤ $307,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading