Pending saleSingle family
$449,000
245 Pine Hollow Dr
Circle Pines MN 55014
4 beds, 2.5 baths, 2,360 sqft
245 Pine Hollow Dr is a 4 beds, 2.5 baths, 2,360 sqft single family home pending sale at $449,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,575/mo and returns -$630/mo a month at a 5.0% 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
- $2,575/mo
- Monthly cash flow
- -$630/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.4%
- Max offer
- $304,500
Offer ≤ $304,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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