For saleSingle family

$479,900

6336 Wilderness Rd Unit 32

Pequot Lakes MN 56472

5 beds, 3 baths, 2,636 sqft

6336 Wilderness Rd Unit 32 is a 5 beds, 3 baths, 2,636 sqft single family home for sale at $479,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,850/mo and returns -$576/mo a month at a 5.2% 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
-$576/mo
Cap rate
5.2%
Cash-on-cash
-7.2%
Max offer
$337,000

Offer ≤ $337,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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