For saleSingle family
$419,900
30231 Pequot Blvd
Pequot Lakes MN 56472
3 beds, 2 baths, 893 sqft
30231 Pequot Blvd is a 3 beds, 2 baths, 893 sqft single family home for sale at $419,900 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$598/mo a month at a 5.0% 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
- -$598/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $284,000
Offer ≤ $284,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading