For saleTownhouse
$279,900
12402 Johnson St NE
Blaine MN 55434
2 beds, 2 baths, 1,457 sqft
12402 Johnson St NE is a 2 beds, 2 baths, 1,457 sqft townhouse home for sale at $279,900 in Blaine MN 55434. At 20% down it rents for an estimated $2,100/mo and returns -$164/mo a month at a 6.0% 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
- $2,100/mo
- Monthly cash flow
- -$164/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.5%
- Max offer
- $213,000
Offer ≤ $213,000 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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