For saleSingle family

$50,000

3321 89th Dr NE

Blaine MN 55449

2 beds, 1 bath

3321 89th Dr NE is a 2 beds, 1 bath single family home for sale at $50,000 in Blaine MN 55449. At 20% down it rents for an estimated $1,675/mo and returns $1,318/mo a month at a 38.3% 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
$1,675/mo
Monthly cash flow
$1,318/mo
Cap rate
38.3%
Cash-on-cash
158.2%
Max offer
$50,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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