For saleSingle family
$290,000
11311 Terrace Rd NE
Blaine MN 55434
3 beds, 1 bath, 1,096 sqft
11311 Terrace Rd NE is a 3 beds, 1 bath, 1,096 sqft single family home for sale at $290,000 in Blaine MN 55434. At 20% down it rents for an estimated $2,325/mo and returns $255/mo a month at a 7.7% 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
- $2,325/mo
- Monthly cash flow
- $255/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.3%
- Max offer
- $274,500
Offer ≤ $274,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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