For saleSingle family

$84,900

11355 6th Pl NE Unit 241

Blaine MN 55434

3 beds, 2 baths, 1,056 sqft

11355 6th Pl NE Unit 241 is a 3 beds, 2 baths, 1,056 sqft single family home for sale at $84,900 in Blaine MN 55434. At 20% down it rents for an estimated $1,975/mo and returns $1,380/mo a month at a 26.0% 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
$1,975/mo
Monthly cash flow
$1,380/mo
Cap rate
26.0%
Cash-on-cash
97.5%
Max offer
$84,900

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

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