For saleSingle family
$315,000
19 Park Dr
Circle Pines MN 55014
4 beds, 2 baths, 1,645 sqft
19 Park Dr is a 4 beds, 2 baths, 1,645 sqft single family home for sale at $315,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,575/mo and returns $326/mo a month at a 7.9% 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
- $326/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.2%
- Max offer
- $303,500
Offer ≤ $303,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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