For saleTownhouse

$174,400

1013 122nd Ave NE

Blaine MN 55434

2 beds, 1 bath, 1,012 sqft

1013 122nd Ave NE is a 2 beds, 1 bath, 1,012 sqft townhouse home for sale at $174,400 in Blaine MN 55434. At 20% down it rents for an estimated $2,100/mo and returns $646/mo a month at a 11.1% 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
$646/mo
Cap rate
11.1%
Cash-on-cash
22.2%
Max offer
$174,400

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading