For saleTownhouse
$229,900
109 South Dr Unit D
Circle Pines MN 55014
2 beds, 2 baths, 1,195 sqft
109 South Dr Unit D is a 2 beds, 2 baths, 1,195 sqft townhouse home for sale at $229,900 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,100/mo and returns $212/mo a month at a 7.8% 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
- $2,100/mo
- Monthly cash flow
- $212/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.5%
- Max offer
- $218,000
Offer ≤ $218,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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