For saleSingle family
$194,900
1315 Pine St
Brainerd MN 56401
2 beds, 1.5 baths, 1,022 sqft
1315 Pine St is a 2 beds, 1.5 baths, 1,022 sqft single family home for sale at $194,900 in Brainerd MN 56401. At 20% down it rents for an estimated $1,600/mo and returns $209/mo a month at a 8.0% 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
- $1,600/mo
- Monthly cash flow
- $209/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.4%
- Max offer
- $188,500
Offer ≤ $188,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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