For saleSingle family

$409,900

13259 Owatonna Ct NE

Blaine MN 55449

3 beds, 2 baths, 1,950 sqft

13259 Owatonna Ct NE is a 3 beds, 2 baths, 1,950 sqft single family home for sale at $409,900 in Blaine MN 55449. At 20% down it rents for an estimated $2,400/mo and returns -$526/mo a month at a 5.1% 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
$2,400/mo
Monthly cash flow
-$526/mo
Cap rate
5.1%
Cash-on-cash
-7.7%
Max offer
$284,000

Offer ≤ $284,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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