For saleSingle family

$390,000

1631 130th Ave NE

Blaine MN 55449

5 beds, 3 baths, 1,951 sqft

1631 130th Ave NE is a 5 beds, 3 baths, 1,951 sqft single family home for sale at $390,000 in Blaine MN 55449. At 20% down it rents for an estimated $2,975/mo and returns $191/mo a month at a 7.3% 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
$2,975/mo
Monthly cash flow
$191/mo
Cap rate
7.3%
Cash-on-cash
2.9%
Max offer
$351,000

Offer ≤ $351,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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