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 $2,375/mo and returns -$159/mo a month at a 6.1% 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
- $2,375/mo
- Monthly cash flow
- -$159/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -2.7%
- Max offer
- $280,500
Offer ≤ $280,500 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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