For saleSingle family

$435,000

12380 Goodhue St NE

Blaine MN 55449

4 beds, 2 baths, 1,931 sqft

12380 Goodhue St NE is a 4 beds, 2 baths, 1,931 sqft single family home for sale at $435,000 in Blaine MN 55449. At 20% down it rents for an estimated $2,700/mo and returns -$405/mo a month at a 5.5% 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
$2,700/mo
Monthly cash flow
-$405/mo
Cap rate
5.5%
Cash-on-cash
-5.6%
Max offer
$319,000

Offer ≤ $319,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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