For saleSingle family
$339,900
3501 Florida Ave N
Crystal MN 55427
3 beds, 3 baths, 1,940 sqft
3501 Florida Ave N is a 3 beds, 3 baths, 1,940 sqft single family home for sale at $339,900 in Crystal MN 55427. At 20% down it rents for an estimated $2,200/mo and returns -$226/mo a month at a 5.9% 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
- $2,200/mo
- Monthly cash flow
- -$226/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -4.0%
- Max offer
- $260,000
Offer ≤ $260,000 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading