For saleTownhouse

$259,900

582 Clover Leaf Pkwy NE

Blaine MN 55434

3 beds, 2 baths, 1,629 sqft

582 Clover Leaf Pkwy NE is a 3 beds, 2 baths, 1,629 sqft townhouse home for sale at $259,900 in Blaine MN 55434. At 20% down it rents for an estimated $2,225/mo and returns $240/mo a month at a 7.8% 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
$2,225/mo
Monthly cash flow
$240/mo
Cap rate
7.8%
Cash-on-cash
5.5%
Max offer
$246,500

Offer ≤ $246,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading