For saleSingle family
$540,000
8459 Dove St
Pequot Lakes MN 56472
4 beds, 3.5 baths, 2,755 sqft
8459 Dove St is a 4 beds, 3.5 baths, 2,755 sqft single family home for sale at $540,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,850/mo and returns -$1,005/mo a month at a 4.4% 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
- -$1,005/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.2%
- Max offer
- $337,500
Offer ≤ $337,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading