For saleSingle family
$224,900
30325 N Pinewood Dr
Pequot Lakes MN 56472
2 beds, 2 baths, 1,272 sqft
30325 N Pinewood Dr is a 2 beds, 2 baths, 1,272 sqft single family home for sale at $224,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $1,975/mo and returns $369/mo a month at a 8.6% 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
- $1,975/mo
- Monthly cash flow
- $369/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.9%
- Max offer
- $224,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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