For saleSingle family
$349,500
608 Pinetree Dr
Perham MN 56573
5 beds, 3.5 baths, 3,092 sqft
608 Pinetree Dr is a 5 beds, 3.5 baths, 3,092 sqft single family home for sale at $349,500 in Perham MN 56573. At 20% down it rents for an estimated $2,825/mo and returns $330/mo a month at a 7.8% 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
- $2,825/mo
- Monthly cash flow
- $330/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $333,500
Offer ≤ $333,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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