For saleSingle family

$317,900

160 109th Ave NE

Blaine MN 55434

4 beds, 1.5 baths, 1,193 sqft

160 109th Ave NE is a 4 beds, 1.5 baths, 1,193 sqft single family home for sale at $317,900 in Blaine MN 55434. At 20% down it rents for an estimated $2,650/mo and returns $381/mo a month at a 8.1% 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
$2,650/mo
Monthly cash flow
$381/mo
Cap rate
8.1%
Cash-on-cash
7.2%
Max offer
$312,500

Offer ≤ $312,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading