For saleSingle family
$189,900
6326 Wilderness Rd Unit 28
Pequot Lakes MN 56472
5 beds, 3 baths, 2,736 sqft
6326 Wilderness Rd Unit 28 is a 5 beds, 3 baths, 2,736 sqft single family home for sale at $189,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,850/mo and returns $1,494/mo a month at a 16.1% 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
- $2,850/mo
- Monthly cash flow
- $1,494/mo
- Cap rate
- 16.1%
- Cash-on-cash
- 47.2%
- Max offer
- $189,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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