For saleSingle family

$425,000

357 Forest Dr

Circle Pines MN 55014

5 beds, 3 baths, 2,168 sqft

357 Forest Dr is a 5 beds, 3 baths, 2,168 sqft single family home for sale at $425,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $3,350/mo and returns $369/mo a month at a 7.6% 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
$3,350/mo
Monthly cash flow
$369/mo
Cap rate
7.6%
Cash-on-cash
5.2%
Max offer
$401,000

Offer ≤ $401,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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