For saleMulti-family
$450,000
10340 Lever St NE
Blaine MN 55014
6 beds, 2 baths, 1,568 sqft
10340 Lever St NE is a 6 beds, 2 baths, 1,568 sqft multi-family home for sale at $450,000 in Blaine MN 55014. At 20% down it rents for an estimated $5,100/mo and returns $1,888/mo a month at a 11.7% 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
- $5,100/mo
- Monthly cash flow
- $1,888/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.2%
- Max offer
- $450,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading