For saleSingle family
$256,900
423 S 1st St
La Crescent MN 55947
4 beds, 2 baths, 1,698 sqft
423 S 1st St is a 4 beds, 2 baths, 1,698 sqft single family home for sale at $256,900 in La Crescent MN 55947. At 20% down it rents for an estimated $1,200/mo and returns -$634/mo a month at a 3.7% 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
- $1,200/mo
- Monthly cash flow
- -$634/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.8%
- Max offer
- $142,000
Offer ≤ $142,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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