For saleSingle family

$350,000

14 Pine Dr

Circle Pines MN 55014

4 beds, 2 baths, 1,337 sqft

14 Pine Dr is a 4 beds, 2 baths, 1,337 sqft single family home for sale at $350,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,950/mo and returns $495/mo a month at a 8.2% 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
$2,950/mo
Monthly cash flow
$495/mo
Cap rate
8.2%
Cash-on-cash
8.5%
Max offer
$350,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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