For saleTownhouse
$199,000
112 South Dr Unit D
Circle Pines MN 55014
2 beds, 1.5 baths, 1,149 sqft
112 South Dr Unit D is a 2 beds, 1.5 baths, 1,149 sqft townhouse home for sale at $199,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,100/mo and returns $419/mo a month at a 9.2% 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
- $2,100/mo
- Monthly cash flow
- $419/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.6%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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