For saleTownhouse

$249,999

914 94th Ave NE

Blaine MN 55434

3 beds, 2 baths, 1,527 sqft

914 94th Ave NE is a 3 beds, 2 baths, 1,527 sqft townhouse home for sale at $249,999 in Blaine MN 55434. At 20% down it rents for an estimated $2,225/mo and returns $320/mo a month at a 8.2% 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
$320/mo
Cap rate
8.2%
Cash-on-cash
7.7%
Max offer
$248,000

Offer ≤ $248,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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