For saleSingle family
$500,000
2018 Douglas Trail Dr SE
Pine Island MN 55963
4 beds, 2 baths, 3,036 sqft
2018 Douglas Trail Dr SE is a 4 beds, 2 baths, 3,036 sqft single family home for sale at $500,000 in Pine Island MN 55963. At 20% down it rents for an estimated $2,000/mo and returns -$1,569/mo a month at a 2.9% 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
- $2,000/mo
- Monthly cash flow
- -$1,569/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.8%
- Max offer
- $237,500
Offer ≤ $237,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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