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 $2,700/mo and returns $310/mo a month at a 7.9% 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
- $2,700/mo
- Monthly cash flow
- $310/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.3%
- Max offer
- $284,500
Offer ≤ $284,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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