For saleTownhouse

$294,900

12218 Buchanan Ct NE

Blaine MN 55434

4 beds, 2 baths, 1,616 sqft

12218 Buchanan Ct NE is a 4 beds, 2 baths, 1,616 sqft townhouse home for sale at $294,900 in Blaine MN 55434. At 20% down it rents for an estimated $2,875/mo and returns $522/mo a month at a 8.6% 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
$2,875/mo
Monthly cash flow
$522/mo
Cap rate
8.6%
Cash-on-cash
10.6%
Max offer
$294,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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