For saleSingle family

$140,000

30055 Circle Dr

Breezy Point MN 56472

1 bed, 1 bath, 420 sqft

30055 Circle Dr is a 1 bed, 1 bath, 420 sqft single family home for sale at $140,000 in Breezy Point MN 56472. At 20% down it rents for an estimated $1,100/mo and returns $118/mo a month at a 7.5% 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
$1,100/mo
Monthly cash flow
$118/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$131,500

Offer ≤ $131,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.