For saleSingle family

$250,000

101 98th Ave NE

Blaine MN 55434

3 beds, 1.5 baths, 1,696 sqft

101 98th Ave NE is a 3 beds, 1.5 baths, 1,696 sqft single family home for sale at $250,000 in Blaine MN 55434. At 20% down it rents for an estimated $2,150/mo and returns $365/mo a month at a 8.4% 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
$2,150/mo
Monthly cash flow
$365/mo
Cap rate
8.4%
Cash-on-cash
8.8%
Max offer
$250,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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