For saleSingle family
$350,000
3938 86th Ln NE
Circle Pines MN 55014
3 beds, 2 baths, 1,940 sqft
3938 86th Ln NE is a 3 beds, 2 baths, 1,940 sqft single family home for sale at $350,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,375/mo and returns -$124/mo a month at a 6.2% 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
- $2,375/mo
- Monthly cash flow
- -$124/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.1%
- Max offer
- $280,500
Offer ≤ $280,500 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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