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 $2,650/mo and returns $897/mo a month at a 10.8% 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
$2,650/mo
Monthly cash flow
$897/mo
Cap rate
10.8%
Cash-on-cash
21.5%
Max offer
$250,000

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

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