For saleTownhouse
$319,999
7893 Gotland Ln
Circle Pines MN 55014
3 beds, 2.5 baths, 1,690 sqft
7893 Gotland Ln is a 3 beds, 2.5 baths, 1,690 sqft townhouse home for sale at $319,999 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,250/mo and returns -$149/mo a month at a 6.1% 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
- $2,250/mo
- Monthly cash flow
- -$149/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.8%
- Max offer
- $248,500
Offer ≤ $248,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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