For saleSingle family
$849,000
1438 Pondview Cir
Lino Lakes MN 55038
4 beds, 4 baths, 4,463 sqft
1438 Pondview Cir is a 4 beds, 4 baths, 4,463 sqft single family home for sale at $849,000 in Lino Lakes MN 55038. At 20% down it rents for an estimated $2,750/mo and returns -$3,311/mo a month at a 2.0% 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
- $2,750/mo
- Monthly cash flow
- -$3,311/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.4%
- Max offer
- $328,000
Offer ≤ $328,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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