Pending saleSingle family
$144,500
515 Snell Ave
Pine River MN 56474
2 beds, 1 bath, 812 sqft
515 Snell Ave is a 2 beds, 1 bath, 812 sqft single family home pending sale at $144,500 in Pine River MN 56474. At 20% down it rents for an estimated $1,125/mo and returns $93/mo a month at a 7.4% 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
- $1,125/mo
- Monthly cash flow
- $93/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.9%
- Max offer
- $132,500
Offer ≤ $132,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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