For saleMulti-family
$649,000
5101 56th Ave N
Crystal MN 55429
8 beds, 4 baths, 3,472 sqft
5101 56th Ave N is a 8 beds, 4 baths, 3,472 sqft multi-family home for sale at $649,000 in Crystal MN 55429. At 20% down it rents for an estimated $6,600/mo and returns $1,967/mo a month at a 10.3% 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
- $6,600/mo
- Monthly cash flow
- $1,967/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.2%
- Max offer
- $649,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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