For saleSingle family

$440,000

388 Nottingham Dr

Circle Pines MN 55014

5 beds, 2.5 baths, 2,329 sqft

388 Nottingham Dr is a 5 beds, 2.5 baths, 2,329 sqft single family home for sale at $440,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $3,350/mo and returns $264/mo a month at a 7.2% 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
$264/mo
Cap rate
7.2%
Cash-on-cash
3.6%
Max offer
$401,000

Offer ≤ $401,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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