For saleSingle family
$549,900
29866 Ranchette Dr
Breezy Point MN 56472
3 beds, 2 baths, 1,981 sqft
29866 Ranchette Dr is a 3 beds, 2 baths, 1,981 sqft single family home for sale at $549,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$1,526/mo a month at a 3.3% 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
- $2,400/mo
- Monthly cash flow
- -$1,526/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.6%
- Max offer
- $285,000
Offer ≤ $285,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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