For saleSingle family
$825,000
9263 88th Ave NW
Pine Island MN 55963
3 beds, 2 baths, 2,759 sqft
9263 88th Ave NW is a 3 beds, 2 baths, 2,759 sqft single family home for sale at $825,000 in Pine Island MN 55963. At 20% down it rents for an estimated $2,400/mo and returns -$3,489/mo a month at a 1.6% 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
- $2,400/mo
- Monthly cash flow
- -$3,489/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.4%
- Max offer
- $286,500
Offer ≤ $286,500 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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