For saleSingle family
$3,300,000
7880 County Road 16
Pequot Lakes MN 56472
1 bed, 676 sqft
7880 County Road 16 is a 1 bed, 676 sqft single family home for sale at $3,300,000 in Pequot Lakes MN 56472. At 20% down it rents for an estimated $1,525/mo and returns -$22,033/mo a month at a -1.3% 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
- $1,525/mo
- Monthly cash flow
- -$22,033/mo
- Cap rate
- -1.3%
- Cash-on-cash
- -40.1%
- Max offer
- $184,500
Offer ≤ $184,500 (94% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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