Pending saleSingle family
$299,900
512 1st St S
La Crescent MN 55947
3 beds, 2 baths, 2,354 sqft
512 1st St S is a 3 beds, 2 baths, 2,354 sqft single family home pending sale at $299,900 in La Crescent MN 55947. At 20% down it rents for an estimated $1,075/mo and returns -$1,066/mo a month at a 2.4% 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
- $1,075/mo
- Monthly cash flow
- -$1,066/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.3%
- Max offer
- $128,000
Offer ≤ $128,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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