For saleTownhouse
$219,900
112 South Dr Unit C
Circle Pines MN 55014
2 beds, 1.5 baths, 1,200 sqft
112 South Dr Unit C is a 2 beds, 1.5 baths, 1,200 sqft townhouse home for sale at $219,900 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,100/mo and returns $279/mo a month at a 8.2% 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
- $2,100/mo
- Monthly cash flow
- $279/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $218,000
Offer ≤ $218,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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