For saleSingle family
$305,000
11 Edge Dr
Circle Pines MN 55014
3 beds, 1 bath, 1,414 sqft
11 Edge Dr is a 3 beds, 1 bath, 1,414 sqft single family home for sale at $305,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,550/mo and returns $373/mo a month at a 8.1% 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
- $2,550/mo
- Monthly cash flow
- $373/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $301,000
Offer ≤ $301,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading