For saleSingle family
$244,900
31063 N Heath St
Pequot Lakes MN 56472
3 beds, 2 baths, 1,176 sqft
31063 N Heath St is a 3 beds, 2 baths, 1,176 sqft single family home for sale at $244,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,400/mo and returns $652/mo a month at a 9.9% 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
- $652/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.0%
- Max offer
- $244,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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