For saleSingle family
$264,900
56 East Rd
Circle Pines MN 55014
3 beds, 1 bath, 1,097 sqft
56 East Rd is a 3 beds, 1 bath, 1,097 sqft single family home for sale at $264,900 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,400/mo and returns $509/mo a month at a 9.0% 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
- $2,400/mo
- Monthly cash flow
- $509/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $264,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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