For saleSingle family

$324,900

30958 Pequot Blvd

Pequot Lakes MN 56472

4 beds, 1.5 baths, 2,095 sqft

30958 Pequot Blvd is a 4 beds, 1.5 baths, 2,095 sqft single family home for sale at $324,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,800/mo and returns $481/mo a month at a 8.4% 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
$2,800/mo
Monthly cash flow
$481/mo
Cap rate
8.4%
Cash-on-cash
8.9%
Max offer
$324,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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