For saleSingle family
$369,900
8218 Ski Chalet Dr
Pequot Lakes MN 56472
4 beds, 2 baths, 2,400 sqft
8218 Ski Chalet Dr is a 4 beds, 2 baths, 2,400 sqft single family home for sale at $369,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,850/mo and returns $209/mo a month at a 7.3% 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
- $2,850/mo
- Monthly cash flow
- $209/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.4%
- Max offer
- $336,500
Offer ≤ $336,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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