For saleSingle family

$294,900

2097 Pinewood Dr

Mounds View MN 55112

3 beds, 1 bath, 1,035 sqft

2097 Pinewood Dr is a 3 beds, 1 bath, 1,035 sqft single family home for sale at $294,900 in Mounds View MN 55112. At 20% down it rents for an estimated $2,100/mo and returns $32/mo a month at a 6.6% 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
$2,100/mo
Monthly cash flow
$32/mo
Cap rate
6.6%
Cash-on-cash
0.6%
Max offer
$251,500

Offer ≤ $251,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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