For saleSingle family

$284,900

8801 Dunlap Ave

Circle Pines MN 55014

3 beds, 1 bath, 1,360 sqft

8801 Dunlap Ave is a 3 beds, 1 bath, 1,360 sqft single family home for sale at $284,900 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,375/mo and returns $341/mo a month at a 8.1% 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
$2,375/mo
Monthly cash flow
$341/mo
Cap rate
8.1%
Cash-on-cash
7.2%
Max offer
$280,000

Offer ≤ $280,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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