For saleSingle family
$795,000
30694 Olson St
Pequot Lakes MN 56472
6 beds, 4 baths, 8,250 sqft
30694 Olson St is a 6 beds, 4 baths, 8,250 sqft single family home for sale at $795,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,850/mo and returns -$2,825/mo a month at a 2.4% 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
- $2,850/mo
- Monthly cash flow
- -$2,825/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.3%
- Max offer
- $339,000
Offer ≤ $339,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading