For saleTownhouse
$274,900
371 98th Ave NE
Blaine MN 55434
2 beds, 2 baths, 1,588 sqft
371 98th Ave NE is a 2 beds, 2 baths, 1,588 sqft townhouse home for sale at $274,900 in Blaine MN 55434. At 20% down it rents for an estimated $1,350/mo and returns -$711/mo a month at a 3.6% 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
- $1,350/mo
- Monthly cash flow
- -$711/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.5%
- Max offer
- $141,000
Offer ≤ $141,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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