For saleSingle family
$294,900
414 8th St S
La Crescent MN 55947
3 beds, 2 baths, 1,709 sqft
414 8th St S is a 3 beds, 2 baths, 1,709 sqft single family home for sale at $294,900 in La Crescent MN 55947. At 20% down it rents for an estimated $1,075/mo and returns -$1,030/mo a month at a 2.5% 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
- -$1,030/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -21.0%
- Max offer
- $127,500
Offer ≤ $127,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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