For saleSingle family
$339,900
29978 Pequot Blvd
Pequot Lakes MN 56472
1 bed, 1 bath, 720 sqft
29978 Pequot Blvd is a 1 bed, 1 bath, 720 sqft single family home for sale at $339,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $1,525/mo and returns -$901/mo a month at a 3.5% 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
- $1,525/mo
- Monthly cash flow
- -$901/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.9%
- Max offer
- $181,000
Offer ≤ $181,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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