For saleSingle family
$357,500
140 Powell Cir N
Big Lake MN 55309
4 beds, 2 baths, 1,823 sqft
140 Powell Cir N is a 4 beds, 2 baths, 1,823 sqft single family home for sale at $357,500 in Big Lake MN 55309. At 20% down it rents for an estimated $2,350/mo and returns -$202/mo a month at a 6.0% 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
- $2,350/mo
- Monthly cash flow
- -$202/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.4%
- Max offer
- $277,500
Offer ≤ $277,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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