For saleSingle family
$300,000
806 89th Ave NE
Blaine MN 55434
3 beds, 1 bath, 1,271 sqft
806 89th Ave NE is a 3 beds, 1 bath, 1,271 sqft single family home for sale at $300,000 in Blaine MN 55434. At 20% down it rents for an estimated $2,100/mo and returns -$42/mo a month at a 6.5% 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
- $2,100/mo
- Monthly cash flow
- -$42/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $248,000
Offer ≤ $248,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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