For saleSingle family
$250,000
23 East Rd
Circle Pines MN 55014
3 beds, 2 baths, 1,809 sqft
23 East Rd is a 3 beds, 2 baths, 1,809 sqft single family home for sale at $250,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,400/mo and returns $615/mo a month at a 9.6% 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
- $2,400/mo
- Monthly cash flow
- $615/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.8%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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