For saleSingle family
$898,500
34477 Gasink Rd
Pequot Lakes MN 56472
3 beds, 2.5 baths, 3,746 sqft
34477 Gasink Rd is a 3 beds, 2.5 baths, 3,746 sqft single family home for sale at $898,500 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$4,014/mo a month at a 1.3% 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
- -$4,014/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -26.8%
- Max offer
- $287,000
Offer ≤ $287,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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