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 $1,450/mo and returns $83/mo a month at a 7.0% 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
$1,450/mo
Monthly cash flow
$83/mo
Cap rate
7.0%
Cash-on-cash
2.6%
Max offer
$173,500

Offer ≤ $173,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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