For saleSingle family

$250,000

13302 Kimberly Rd

Crosslake MN 56442

3 beds, 2 baths, 1,175 sqft

13302 Kimberly Rd is a 3 beds, 2 baths, 1,175 sqft single family home for sale at $250,000 in Crosslake MN 56442. At 20% down it rents for an estimated $2,550/mo and returns $797/mo a month at a 10.3% 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
$2,550/mo
Monthly cash flow
$797/mo
Cap rate
10.3%
Cash-on-cash
19.1%
Max offer
$250,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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