For saleSingle family
$229,000
38 Circle Dr
Circle Pines MN 55014
3 beds, 1 bath, 923 sqft
38 Circle Dr is a 3 beds, 1 bath, 923 sqft single family home for sale at $229,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,525/mo and returns $890/mo a month at a 11.3% 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
- $2,525/mo
- Monthly cash flow
- $890/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.3%
- Max offer
- $229,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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