For saleSingle family

$300,000

262 N Star Ln

Circle Pines MN 55014

4 beds, 1.5 baths, 2,155 sqft

262 N Star Ln is a 4 beds, 1.5 baths, 2,155 sqft single family home for sale at $300,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,575/mo and returns $433/mo a month at a 8.4% 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
$2,575/mo
Monthly cash flow
$433/mo
Cap rate
8.4%
Cash-on-cash
8.7%
Max offer
$300,000

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

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