For saleSingle family
$339,900
9228 Washington St NE
Blaine MN 55434
2 beds, 2 baths, 1,004 sqft
9228 Washington St NE is a 2 beds, 2 baths, 1,004 sqft single family home for sale at $339,900 in Blaine MN 55434. At 20% down it rents for an estimated $1,825/mo and returns -$601/mo a month at a 4.5% 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
- $1,825/mo
- Monthly cash flow
- -$601/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.6%
- Max offer
- $216,000
Offer ≤ $216,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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