For saleSingle family
$415,000
12188 Coral Sea St NE
Blaine MN 55449
3 beds, 2 baths, 1,748 sqft
12188 Coral Sea St NE is a 3 beds, 2 baths, 1,748 sqft single family home for sale at $415,000 in Blaine MN 55449. At 20% down it rents for an estimated $2,400/mo and returns -$563/mo a month at a 5.0% 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
- $2,400/mo
- Monthly cash flow
- -$563/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.1%
- Max offer
- $284,000
Offer ≤ $284,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading