For saleTownhouse
$229,900
404 Pleasure Creek Dr
Blaine MN 55434
2 beds, 1 bath, 1,443 sqft
404 Pleasure Creek Dr is a 2 beds, 1 bath, 1,443 sqft townhouse home for sale at $229,900 in Blaine MN 55434. At 20% down it rents for an estimated $1,325/mo and returns -$460/mo a month at a 4.3% 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
- $1,325/mo
- Monthly cash flow
- -$460/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $134,500
Offer ≤ $134,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading