For saleSingle family
$375,000
3887 Ackerman Trl
Pequot Lakes MN 56472
4 beds, 2 baths, 1,976 sqft
3887 Ackerman Trl is a 4 beds, 2 baths, 1,976 sqft single family home for sale at $375,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $1,250/mo and returns -$1,427/mo a month at a 2.1% 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
- $1,250/mo
- Monthly cash flow
- -$1,427/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.8%
- Max offer
- $149,000
Offer ≤ $149,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading