Pending saleSingle family
$369,900
534 3rd St S
La Crescent MN 55947
4 beds, 2 baths, 2,518 sqft
534 3rd St S is a 4 beds, 2 baths, 2,518 sqft single family home pending sale at $369,900 in La Crescent MN 55947. At 20% down it rents for an estimated $1,200/mo and returns -$1,441/mo a month at a 2.0% 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
- -$1,441/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.4%
- Max offer
- $143,000
Offer ≤ $143,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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