For saleTownhouse

$245,000

866 94th Ave NE

Blaine MN 55434

2 beds, 2 baths, 1,501 sqft

866 94th Ave NE is a 2 beds, 2 baths, 1,501 sqft townhouse home for sale at $245,000 in Blaine MN 55434. At 20% down it rents for an estimated $1,300/mo and returns -$572/mo a month at a 3.9% 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
$1,300/mo
Monthly cash flow
-$572/mo
Cap rate
3.9%
Cash-on-cash
-14.0%
Max offer
$133,500

Offer ≤ $133,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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