For saleSingle family
$240,000
1 Pine Dr
Circle Pines MN 55014
3 beds, 2 baths, 1,334 sqft
1 Pine Dr is a 3 beds, 2 baths, 1,334 sqft single family home for sale at $240,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,375/mo and returns $662/mo a month at a 10.0% 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
- $2,375/mo
- Monthly cash flow
- $662/mo
- Cap rate
- 10.0%
- Cash-on-cash
- 16.5%
- Max offer
- $240,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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