Pending saleSingle family
$275,000
325 Evelyne Ave W
Pine River MN 56474
3 beds, 2 baths, 1,200 sqft
325 Evelyne Ave W is a 3 beds, 2 baths, 1,200 sqft single family home pending sale at $275,000 in Pine River MN 56474. At 20% down it rents for an estimated $1,225/mo and returns -$738/mo a month at a 3.4% 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
- $1,225/mo
- Monthly cash flow
- -$738/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.1%
- Max offer
- $145,000
Offer ≤ $145,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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