For saleSingle family
$449,900
29757 Red Pine Dr
Breezy Point MN 56472
4 beds, 3 baths, 3,120 sqft
29757 Red Pine Dr is a 4 beds, 3 baths, 3,120 sqft single family home for sale at $449,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $2,850/mo and returns -$362/mo a month at a 5.7% 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
- -$362/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.8%
- Max offer
- $337,000
Offer ≤ $337,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading