For saleSingle family
$279,900
705 2nd St S
La Crescent MN 55947
4 beds, 7 baths, 2,880 sqft
705 2nd St S is a 4 beds, 7 baths, 2,880 sqft single family home for sale at $279,900 in La Crescent MN 55947. At 20% down it rents for an estimated $1,200/mo and returns -$798/mo a month at a 3.2% 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
- -$798/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.1%
- Max offer
- $142,500
Offer ≤ $142,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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