For saleSingle family
$329,000
1050 8th St SW
Pine City MN 55063
5 beds, 2.5 baths, 3,600 sqft
1050 8th St SW is a 5 beds, 2.5 baths, 3,600 sqft single family home for sale at $329,000 in Pine City MN 55063. At 20% down it rents for an estimated $2,850/mo and returns $543/mo a month at a 8.5% 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
- $2,850/mo
- Monthly cash flow
- $543/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.9%
- Max offer
- $329,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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