For saleTownhouse

$50,000

35288 Vacation Dr Unit 25

Pequot Lakes MN 56472

3 beds, 3.5 baths, 2,262 sqft

35288 Vacation Dr Unit 25 is a 3 beds, 3.5 baths, 2,262 sqft townhouse home for sale at $50,000 in Pequot Lakes MN 56472. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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NegotiableTownhouse340d on market

$50,000

35288 Vacation Dr Unit 25

Pequot Lakes MN 56472

3 beds3.5 baths2,262 sqft
99
Deal score
Est. rent
$1,000/mo
Cash flow
$351/mo
Cap rate
14.2%
Cash-on-cash
33.7%
Max offer
$50,000
Rental verdict

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

⚠ The $351/mo HOA dues eat 35% of the rent here — that's high, and dues usually only go up. Factor it hard before offering.

Pro forma

Cash flow
$351/mo
Cap rate
14.2%
Cash-on-cash
33.7%
DSCR
2.45
Down payment25.0% · $12,500
Interest rate6.69%
Monthly rent$1,000/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (18% of rent, about $180/mo for management, vacancy, maintenance and CapEx) would put cash flow at $171/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$242
  • Property tax$50
  • Insurance$6
  • HOA$351
  • Total payment$649/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above. Insurance runs lighter here: the association’s dues cover the structure’s master policy and exterior upkeep.

Cash you'd need to close (est.)

  • Down payment (25.0%)$12,500
  • Closing costs (~3%: title, lender, prepaid escrow)$1,500
  • Reserves (2 months of payments)$1,298
  • Total cash to close$15,298

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

35288 Vacation Dr Unit 25 in context — the streets, water and amenities around it.

Street View ↗

Property details

35288 Vacation Dr Unit 25 · Pequot Lakes MN 56472

Beds
3
Baths
3.5
Square feet
2,262
Price / sqft
$22
Home type
Townhouse
Days on market
340 days
HOA
$351/mo
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.