For saleTownhouse
$265,000
1529 111th Dr NE Unit F
Blaine MN 55449
2 beds, 2 baths, 1,553 sqft
1529 111th Dr NE Unit F is a 2 beds, 2 baths, 1,553 sqft townhouse home for sale at $265,000 in Blaine MN 55449. At 20% down it rents for an estimated $2,100/mo and returns -$111/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
- -$111/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.5%
- Max offer
- $207,000
Offer ≤ $207,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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