For saleSingle family

$639,900

49 Nord Circle Rd

North Oaks MN 55127

4 beds, 4 baths, 3,212 sqft

49 Nord Circle Rd is a 4 beds, 4 baths, 3,212 sqft single family home for sale at $639,900 in North Oaks MN 55127. At 20% down it rents for an estimated $2,900/mo and returns -$1,668/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
$2,900/mo
Monthly cash flow
-$1,668/mo
Cap rate
3.5%
Cash-on-cash
-15.6%
Max offer
$344,000

Offer ≤ $344,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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