For saleMulti-family
$499,000
1320 132nd Ave NE
Blaine MN 55434
8 beds, 2 baths, 3,252 sqft
1320 132nd Ave NE is a 8 beds, 2 baths, 3,252 sqft multi-family home for sale at $499,000 in Blaine MN 55434. At 20% down it rents for an estimated $4,900/mo and returns $1,338/mo a month at a 9.9% 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
- $4,900/mo
- Monthly cash flow
- $1,338/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.1%
- Max offer
- $499,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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