For saleTownhouse
$284,900
1895 111th Ave NE
Blaine MN 55449
2 beds, 2 baths, 1,556 sqft
1895 111th Ave NE is a 2 beds, 2 baths, 1,556 sqft townhouse home for sale at $284,900 in Blaine MN 55449. At 20% down it rents for an estimated $2,100/mo and returns -$113/mo a month at a 6.2% 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
- $2,100/mo
- Monthly cash flow
- -$113/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.4%
- Max offer
- $223,500
Offer ≤ $223,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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