For saleCondo
$154,900
2239 Pinehurst St
Stillwater MN 55082
2 beds, 1 bath, 1,100 sqft
2239 Pinehurst St is a 2 beds, 1 bath, 1,100 sqft condo home for sale at $154,900 in Stillwater MN 55082. At 20% down it rents for an estimated $1,550/mo and returns $185/mo a month at a 8.1% 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
- $1,550/mo
- Monthly cash flow
- $185/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $152,000
Offer ≤ $152,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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