For saleSingle family
$425,000
5771 Little Walnut Ln
Pequot Lakes MN 56472
3 beds, 2 baths, 1,504 sqft
5771 Little Walnut Ln is a 3 beds, 2 baths, 1,504 sqft single family home for sale at $425,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$634/mo a month at a 4.9% 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
- -$634/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -9.0%
- Max offer
- $284,000
Offer ≤ $284,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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