For saleSingle family
$749,000
29661 Percheron Dr
Breezy Point MN 56472
3 beds, 2 baths, 2,323 sqft
29661 Percheron Dr is a 3 beds, 2 baths, 2,323 sqft single family home for sale at $749,000 in Breezy Point MN 56472. At 20% down it rents for an estimated $2,400/mo and returns -$2,947/mo a month at a 1.9% 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
- -$2,947/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.6%
- Max offer
- $286,000
Offer ≤ $286,000 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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