For saleSingle family

$329,900

10824 1st Street Cir

Breezy Point MN 56472

4 beds, 2.5 baths, 1,760 sqft

10824 1st Street Cir is a 4 beds, 2.5 baths, 1,760 sqft single family home for sale at $329,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $2,900/mo and returns $586/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
$2,900/mo
Monthly cash flow
$586/mo
Cap rate
8.6%
Cash-on-cash
10.7%
Max offer
$329,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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