For saleSingle family

$349,000

275 Little John Dr

Circle Pines MN 55014

4 beds, 2 baths, 2,393 sqft

275 Little John Dr is a 4 beds, 2 baths, 2,393 sqft single family home for sale at $349,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,675/mo and returns $184/mo a month at a 7.3% 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
$2,675/mo
Monthly cash flow
$184/mo
Cap rate
7.3%
Cash-on-cash
3.2%
Max offer
$315,500

Offer ≤ $315,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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