For saleSingle family
$274,900
29872 Canary Ln
Breezy Point MN 56472
2 beds, 1.5 baths, 960 sqft
29872 Canary Ln is a 2 beds, 1.5 baths, 960 sqft single family home for sale at $274,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $1,975/mo and returns $13/mo a month at a 6.7% 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
- $1,975/mo
- Monthly cash flow
- $13/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.3%
- Max offer
- $233,000
Offer ≤ $233,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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