For saleSingle family
$480,000
27499 W Twin Lake Dr
Pequot Lakes MN 56472
3 beds, 2 baths, 2,496 sqft
27499 W Twin Lake Dr is a 3 beds, 2 baths, 2,496 sqft single family home for sale at $480,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $1,650/mo and returns -$1,777/mo a month at a 2.2% 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
- $1,650/mo
- Monthly cash flow
- -$1,777/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.2%
- Max offer
- $196,500
Offer ≤ $196,500 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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