For saleSingle family
$785,000
30275 Pequot Blvd
Pequot Lakes MN 56472
3 beds, 3 baths, 2,200 sqft
30275 Pequot Blvd is a 3 beds, 3 baths, 2,200 sqft single family home for sale at $785,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$3,204/mo a month at a 1.8% 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
- $2,400/mo
- Monthly cash flow
- -$3,204/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.5%
- Max offer
- $286,500
Offer ≤ $286,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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