For saleTownhouse
$249,900
4703 Blaine Ave
Inver Grove Heights MN 55076
2 beds, 1.5 baths, 1,379 sqft
4703 Blaine Ave is a 2 beds, 1.5 baths, 1,379 sqft townhouse home for sale at $249,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $1,525/mo and returns -$554/mo a month at a 4.0% 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
- $1,525/mo
- Monthly cash flow
- -$554/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.3%
- Max offer
- $139,500
Offer ≤ $139,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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