For saleSingle family
$499,900
29308 County Road 4
Breezy Point MN 56472
2 beds, 1 bath, 1,113 sqft
29308 County Road 4 is a 2 beds, 1 bath, 1,113 sqft single family home for sale at $499,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $1,975/mo and returns -$1,594/mo a month at a 2.8% 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
- $1,975/mo
- Monthly cash flow
- -$1,594/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.1%
- Max offer
- $234,500
Offer ≤ $234,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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