For saleSingle family
$360,000
8 Golden Lake Rd
Circle Pines MN 55014
4 beds, 2 baths, 1,989 sqft
8 Golden Lake Rd is a 4 beds, 2 baths, 1,989 sqft single family home for sale at $360,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,675/mo and returns $105/mo a month at a 7.0% 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
- $2,675/mo
- Monthly cash flow
- $105/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.8%
- Max offer
- $316,000
Offer ≤ $316,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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