For saleSingle family

$465,000

12744 Erskin St NE

Blaine MN 55449

4 beds, 2.5 baths, 2,495 sqft

12744 Erskin St NE is a 4 beds, 2.5 baths, 2,495 sqft single family home for sale at $465,000 in Blaine MN 55449. At 20% down it rents for an estimated $3,500/mo and returns $239/mo a month at a 7.1% 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
$3,500/mo
Monthly cash flow
$239/mo
Cap rate
7.1%
Cash-on-cash
3.1%
Max offer
$419,000

Offer ≤ $419,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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