For saleSingle family

$229,900

30138 Circle Dr

Breezy Point MN 56472

2 beds, 1.5 baths, 885 sqft

30138 Circle Dr is a 2 beds, 1.5 baths, 885 sqft single family home for sale at $229,900 in Breezy Point MN 56472. At 20% down it rents for an estimated $1,975/mo and returns $334/mo a month at a 8.4% 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
$1,975/mo
Monthly cash flow
$334/mo
Cap rate
8.4%
Cash-on-cash
8.7%
Max offer
$229,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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