For saleSingle family
$331,000
7 Park Dr
Circle Pines MN 55014
3 beds, 2 baths, 1,300 sqft
7 Park Dr is a 3 beds, 2 baths, 1,300 sqft single family home for sale at $331,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,400/mo and returns $37/mo a month at a 6.8% 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
- $37/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.7%
- Max offer
- $283,500
Offer ≤ $283,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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