For saleSingle family

$675,000

3117 129th Ln NE

Blaine MN 55449

5 beds, 3 baths, 3,366 sqft

3117 129th Ln NE is a 5 beds, 3 baths, 3,366 sqft single family home for sale at $675,000 in Blaine MN 55449. At 20% down it rents for an estimated $3,225/mo and returns -$1,594/mo a month at a 3.8% 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
$3,225/mo
Monthly cash flow
-$1,594/mo
Cap rate
3.8%
Cash-on-cash
-14.2%
Max offer
$382,500

Offer ≤ $382,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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