For saleSingle family

$355,000

3814 97th Ln NE

Circle Pines MN 55014

3 beds, 2 baths, 2,106 sqft

3814 97th Ln NE is a 3 beds, 2 baths, 2,106 sqft single family home for sale at $355,000 in Circle Pines MN 55014. At 20% down it rents for an estimated $2,650/mo and returns $160/mo a month at a 7.1% 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
$2,650/mo
Monthly cash flow
$160/mo
Cap rate
7.1%
Cash-on-cash
2.7%
Max offer
$317,500

Offer ≤ $317,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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