For saleSingle family
$750,000
12309 Lever St NE
Blaine MN 55449
4 beds, 2.5 baths, 2,673 sqft
12309 Lever St NE is a 4 beds, 2.5 baths, 2,673 sqft single family home for sale at $750,000 in Blaine MN 55449. At 20% down it rents for an estimated $2,900/mo and returns -$2,454/mo a month at a 2.7% 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
- $2,900/mo
- Monthly cash flow
- -$2,454/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.6%
- Max offer
- $344,500
Offer ≤ $344,500 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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