Pending saleSingle family
$749,900
29672 Delaware Trl
Breezy Point MN 56472
4 beds, 3.5 baths, 3,432 sqft
29672 Delaware Trl is a 4 beds, 3.5 baths, 3,432 sqft single family home pending sale at $749,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $2,850/mo and returns -$2,503/mo a month at a 2.7% 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
- $2,850/mo
- Monthly cash flow
- -$2,503/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -20.0%
- Max offer
- $339,000
Offer ≤ $339,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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