For saleSingle family

$348,000

840 Oak Ridge Trl NE

Blaine MN 55434

4 beds, 2 baths, 1,856 sqft

840 Oak Ridge Trl NE is a 4 beds, 2 baths, 1,856 sqft single family home for sale at $348,000 in Blaine MN 55434. At 20% down it rents for an estimated $2,500/mo and returns $59/mo a month at a 6.7% 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
$2,500/mo
Monthly cash flow
$59/mo
Cap rate
6.7%
Cash-on-cash
1.0%
Max offer
$299,500

Offer ≤ $299,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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